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Rick Rieder

Rick is BlackRock’s Chief Investment Officer of Fundamental Fixed Income, Co-head of Americas Fixed Income and a member of the company’s Global Operating Committee. A 2013 inductee into the Fixed Income Analysts Society Hall of Fame, Rick also serves as a member of the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets. He writes about fixed income, the economy and government policy.

Disclosure: The content Market Realist publishes should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of BlackRock.

More From Rick Rieder

  • Aging Population May Keep Global Growth Muted
    Macroeconomic Analysis

    Aging Population May Keep Global Growth Muted

    An aging population is likely to keep global economic growth muted in the years to come. This is primarily because the dynamics of the population are rapidly changing.

    By Rick Rieder
  • How Can Changing Demographics Impact Investors?
    Macroeconomic Analysis

    How Can Changing Demographics Impact Investors?

    Changing demographics impact investors in many ways. The demand for bonds could increase, putting downward pressure on yields.

    By Rick Rieder
  • uploads/// Population over  US
    Company & Industry Overviews

    Why Structural Hurdles Could Thwart US Economic Progress

    The American economy is facing major structural issues that have the potential to thwart economic progress. The most important hurdle facing the US economy is an aging population.

    By Rick Rieder
  • uploads///Labor market diffusion index
    Macroeconomic Analysis

    Outlook for Investors as Rates Start to Rise

    Despite headwinds in the form of soft wage growth, low inflation, and a falling labor participation rate, the labor market looks robust.

    By Rick Rieder
  • uploads///rate hikes longterm performance
    Macroeconomic Analysis

    Fed Rate Liftoff: Not Much Is Likely to Change

    So now that the Fed rate liftoff has finally arrived, should you flee to market sidelines? If you can believe history, the answer is an emphatic no.

    By Rick Rieder
  • uploads///age dependency ratio
    Macroeconomic Analysis

    How an Aging Population Could Affect Your Portfolio

    One of the big-picture shifts currently taking place is aging populations, especially in developed nations. Populations are rapidly aging in most developed countries.

    By Rick Rieder
  • uploads///inflation
    Macroeconomic Analysis

    Still in a Rut: Soft Wage Growth Persisted in February

    The trend of soft wage growth persisted in February. Wage growth hasn’t been able to break out of its rut. It continues to stay at a YoY level of 2%.

    By Rick Rieder
  • uploads///inflation
    Macroeconomic Analysis

    Why the Fed Decided to Postpone Liftoff

    Forget the September versus December debate. The Fed may already be behind the curve, according to Rick Rieder.

    By Rick Rieder
  • uploads///demographic changes
    Macroeconomic Analysis

    Beyond the Ephemeral: Pay Attention to Demographics

    Lost in all the chatter about interest rates is a structural phenomenon that may be of far greater significance: demographics.

    By Rick Rieder
  • uploads///economic indicators at start of rate hike cycles
    Macroeconomic Analysis

    When to Expect a Liftoff in Rates

    San Francisco Fed president John Williams noted that the Fed’s ability to hold off a liftoff in rates is “more limited” than its ability to tighten. A rate hike could be expected in September if the economy continues to grow in the next two months.

    By Rick Rieder
  • uploads///BlackRock U
    Macroeconomic Analysis

    Solid Jobs Growth Points to US Economic Health

    Solid employment growth seems to point to the improving health of the US economy. The US markets cheered the April jobs market report on Friday, May 8, 2015.

    By Rick Rieder
  • Financials

    Recommendation: Look to select areas of emerging market debt

    Select areas of the EM debt sector hold good potential, as many of these countries exhibit low leverage levels and are currently funded through year-end.

    By Rick Rieder
  • uploads///zero inventory
    Macroeconomic Analysis

    How Technology Has Revamped Inventory Management

    Technology has revamped inventory management for companies in a big way. More and more companies are carrying less and less physical assets.

    By Rick Rieder
  • uploads///technology adoption rates
    Macroeconomic Analysis

    Tech Adoption Rates Have Reached Dizzying Heights

    Technology (XLK) is advancing by leaps and bounds. The diffusion and adoption rates for new technologies have risen over the years as the population has become more tech-savvy.

    By Rick Rieder
  • Energy & Utilities

    Must-know: Why low rates could actually harm the US economy

    Lastly, as I mentioned in an earlier post, the Fed’s zero interest rate policy may actually be inhibiting economic growth and job creation in unintended ways.

    By Rick Rieder
  • uploads///Labor Force Participation
    Healthcare

    August’s Labor Force Participation Rate Came In at 62.8%

    Both the labor force participation rate, which came in at 62.8%, and the employment-population ratio, which came in at 59.7%, were unchanged in August.

    By Rick Rieder
  • uploads/// App Economy
    Macroeconomic Analysis

    What’s behind the US Economy’s Remarkable Labor Market Strength?

    The US labor market has shown tremendous resilience amid concerns over various issues, like aging demographics.

    By Rick Rieder
  • uploads/// China
    Company & Industry Overviews

    Effect of China’s Economic Transition on Consumer-Driven Model

    The big theme of 2015 was the Chinese (FXI) (MCHI) economic transition from an investment- and manufacturing-led growth to a consumption- and services-driven economy.

    By Rick Rieder
  • uploads/// World population
    Company & Industry Overviews

    How Structural Changes in the World Economy Affect Markets

    For the last few years, the world has been in the midst of a major demographic transition, which has affected the world economy. The aging population is one of the most visible global trends

    By Rick Rieder
  • uploads/// Bond BLR
    Company & Industry Overviews

    Market Volatility Isn’t a Reflection of Bond Market Illiquidity

    Liquidity hasn’t really deteriorated in some of the major segments of the bond market. Other direct liquidity measures suggest sufficient liquidity in the system.

    By Rick Rieder
  • uploads/// innovative ability
    Macroeconomic Analysis

    How Has Technology Influenced Process and Product Innovation?

    One of the most prominent effects of technology is on the asset side of the balance sheet. Many technologies drive companies to employ fewer assets in order to generate higher returns.

    By Rick Rieder
  • uploads/// definition
    Macroeconomic Analysis

    What Are the Traditional Measures of Labor Productivity?

    Labor productivity is an important tool to measure the strength of a country’s economy. Policymakers often use this indicator to compare output efficiency during a particular period.

    By Rick Rieder
  • uploads/// g
    Macroeconomic Analysis

    Is the Labor Productivity Slowdown Mystery a Statistical Mirage?

    The mystery of waning labor productivity in various developed economies is still unsettled. However, various economic literature offers plausible explanations.

    By Rick Rieder
  • uploads/// Declining growth
    Macroeconomic Analysis

    Why Has Labor Market Productivity Slowed Down?

    In recent years, labor productivity growth has slowed down significantly in most of the OECD countries. This decline is broadly spread across sectors.

    By Rick Rieder
  • uploads///Indias Economy Is Chugging Along
    Macroeconomic Analysis

    Why India Is Primed for an Economic Revolution

    While global growth is slowing down, the Indian economy seems to be chugging along.

    By Rick Rieder
  • uploads///Volatility Has Remained High in
    Macroeconomic Analysis

    Why Returns Will Likely Stay Volatile in 2016

    Markets are likely to remain volatile for the rest of the year and beyond. Uncertainty about the rate hike could add to this volatility.

    By Rick Rieder
  • uploads///Interest Rates Remain Low Despite Rate Hike in December
    Macroeconomic Analysis

    What Can You Expect from Markets in 2016?

    While I don’t have a crystal ball, here are three things I believe all investors need to know about returns in 2016.

    By Rick Rieder
  • uploads/// Saw Negative Returns Across the Board
    Company & Industry Overviews

    2015 Saw Declines Across the Board: Will 2016 Be Any Different?

    Last year wasn’t a great one for investors seeking solid returns. With 2016 off to a rocky start, will we see more of the same this year?

    By Rick Rieder
  • uploads///Return Dispersion Within Asset Classes Has Been Dramatic
    Macroeconomic Analysis

    Why Returns Will Likely Be Far from Uniform within Asset Classes

    During the last few years, return dispersions within asset classes have been dramatic.

    By Rick Rieder
  • uploads///The Labor Market Has Seen Robust Growth in the Last Few Years
    Macroeconomic Analysis

    Why the Fed May Have Missed Its Window of Opportunity

    The problem for the Fed is that the 5.1% unemployment rate has reached what many economists feel is full employment.

    By Rick Rieder
  • uploads///The Employment Cost Index Inched up Last Quarter
    Macroeconomic Analysis

    Employment Costs Increased in the First Quarter

    While the CPI is a measure of inflation in consumer prices, the ECI gives an indication of whether employment costs are rising or falling by measuring inflation in wages.

    By Rick Rieder
  • uploads///Annualized Growth Rate in Major Economies in the Last  Quarterss
    Macroeconomic Analysis

    The US Economy Is Relatively Strong

    While the Japanese and the European economies seem to be improving, the US economy still seems to be in a better position than the rest.

    By Rick Rieder
  • uploads///New Home Sales Are at a  Year High in the US
    Macroeconomic Analysis

    Why Is the US Economy in Decent Shape?

    The US economy is in decent shape. Low interest rates have been a boon for most families. Home affordability is close to a multi-decade high.

    By Rick Rieder
  • uploads///Risks in Fixed Income Securities
    Macroeconomic Analysis

    The Must-Know Risks of Fixed Income Investing

    There are no free lunches. The risks involved in fixed income investing are two-fold.

    By Rick Rieder
  • uploads///Stocks and High Yield Bonds Are Correlated With the GDP Growth Rate
    Macroeconomic Analysis

    Why Corporate Bonds Correlate to Stocks

    Corporate bonds, especially high yield corporate bonds, correlate to equities and hence, so they don’t provide great diversification benefits.

    By Rick Rieder
  • uploads///Volatility Has Picked Up in Recent Weeks
    Macroeconomic Analysis

    Why Higher Equity Volatility Will Support Bonds

    Higher equity volatility will support bonds going forward. This year, so far, the VIX has been generally higher than last year.

    By Rick Rieder
  • uploads///BlackRock graph
    Macroeconomic Analysis

    Why The Unemployment Rate Fell: Dipping Participation Rate

    The slide in the unemployment rate is partly due to the workers getting discouraged, that is, getting out of the labor force.

    By Rick Rieder
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