Why BlackRock's Rick Rieder feels 'a bit more relaxed' about AI bull market than dotcom era
Key points
- Rick Rieder oversees roughly $2.4 trillion in assets for BlackRock.
- He has been at the world's biggest money manager for close to two decades now, and he has seen a lot take place in the market.
- But, he says, nothing like this.
- "I think we're going through an extraordinary period of time.
- I don't think we've ever seen anything like this," he told CNBC's Scott Wapner at the CNBC CEO Council Summit in Washington, D.C., on Tuesday.
Quick Summary
Rick Rieder oversees roughly $2.4 trillion in assets for BlackRock. He has been at the world's biggest money manager for close to two decades now
Why It Matters
This development is important because it may impact public opinion, policy decisions, and future developments related to Why BlackRock's Rick Rieder feels 'a bit more relaxed' about.
Key Takeaways
- Rick Rieder oversees roughly $2.4 trillion in assets for BlackRock.
- He has been at the world's biggest money manager for close to two decades now, and he has seen a lot take place in the market.
- But, he says, nothing like this.
- "I think we're going through an extraordinary period of time.
- I don't think we've ever seen anything like this," he told CNBC's Scott Wapner at the CNBC CEO Council Summit in Washington, D.C., on Tuesday.
📌 Source: CNBC
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