Bloomberg Television
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BlackRock's Rieder: Jobs Data Forgettable, Pull Back on Risk
Posted
April 4, 2025
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April 4, 2025
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3:47Now PlayingRick Rieder, BlackRock's CIO of global fixed income, says the US economy is facing a "soft patch" ahead and advises investors to pull back on risk. He speaks on "Bloomberg Open Interest." Nonfarm payrolls increased 228,000 last month after downward revisions to the prior two months, according to Bureau of Labor Statistics data. The figure exceeded all estimates in a Bloomberg survey of economists.
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