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Despite 'extraordinary' 2023 rally, stocks are just OK: BlackRock bond chief

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Despite 'extraordinary' 2023 rally, stocks are just OK, BlackRock's bond chief says

BlackRock's bond chief Rick Rieder said the stock market rally has been"extraordinary," but he isn't overly bullish on equities just yet.

"I think January was one of the most extraordinary months I've seen in my career," Rick Rieder, BlackRock's' global fixed income CIO, told "This was a crazy, crazy month in terms of what performed versus what didn't," he said, describing the stat as the"most incredible I've ever seen."

 

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