Reported 12 days ago
Rick Rieder, BlackRock's Chief Investment Officer, shared insights with Yahoo Finance about the U.S. economy if Trump wins a second term. He highlighted concerns around high national debt of $35.9 trillion and its potential impact on inflation and growth. Rieder anticipates a more measured approach to Trump's proposed tariffs, suggesting they may not be as extensive as promised. He emphasizes the importance of growing the economy while managing debt as a key strategy moving forward.
Source: YAHOO