BlackRock Inc. portfolio manager Rick Rieder said the surge in US equities after US President Donald Trump’s Iran peace deal announcement reflects investors beginning to redeploy cash.
According to Bloomberg, he pointed to roughly $8 trillion to $9 trillion held in money market funds.
STOCKS | BlackRock’s Rick Rieder Sees Money Fund Cash Moving Into US Stocks After Trump Iran Deal News
2026-06-15 19:05:31
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