BlackRock's Rieder Says Equity Technicals Are Extraordinary

BlackRock’s global fixed income CIO Rick Rieder told Bloomberg Television that equities are being propelled by “amazing” technicals and “pretty powerful” earnings. His institutional view implies continued support for US equities, underpinning a bullish outlook for the S&P 500 and potentially encouraging investor flows into risk assets if earnings momentum and technical conditions persist. The comments are presented as an institutional market outlook rather than a specific trade call.