3+1 Episode 27: Rick Rieder
For wealth professionals, the episode frames a macro question—how growth and hiring can diverge—and ties it to potential Federal Reserve policy and investor implications.
Summary
By the markets & outlook deskBlackRock's Rick Rieder discusses a gap in the latest 3+1 episode: economic growth is described as strong while employment is not keeping pace. He explores what that divergence could mean for Federal Reserve policy and for investors. The episode also includes a brief non-financial aside about carpeting in living rooms versus airport terminals.
- Economic growth is described as strong.
- Employment is not keeping pace with that growth.
- Rieder explores what the divergence could mean for Federal Reserve policy and investors.
- The episode includes a non-financial aside about carpeting in living rooms versus airport terminals.
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