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Rieder Likens US Economy to 'Three Month Old Birthday Cake'
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Rieder Likens US Economy to 'Three Month Old Birthday Cake'

Bloomberg Markets · Jun 5, 2026, 2:02 PM

BlackRock Global Fixed Income CIO Rick Rieder says the US economy is tricky right now, comparing it to a three-month-old birthday cake where the icing tastes great but underneath isn't so good. Speaking with Matt Miller on "Bloomberg Open Interest," Rieder says AI will change the ecosystem and the F

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