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Home › Finance › BlackRock’s Rieder Sees ‘Explosive’ Rally as…
Finance

BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked

Bloomberg Jun 15, 2026 1h ago ⏱ 1 min read 👁 3 views
BlackRock’s Rieder Sees ‘Explosive’ Rally as Cash Gets Unlocked
Image via Bloomberg
📋 Article Summary
51 words
BlackRock Inc.’s Rick Rieder said the surge in US equities following President Donald Trump’s Iran peace deal announcement reflects investors starting to redeploy the roughly $8 trillion to $9 trillion held in money market funds. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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