Jun. 2 at 7:32 PM
Rick Rieder oversees roughly
$2.4 trillion in assets for BlackRock
. He has been at the world’s biggest money manager for close to two decades now, and he has seen a lot take place in the market. But, he says, nothing like this.
“I think we’re going through an extraordinary period of time. I don’t think we’ve ever seen anything like this,” he told CNBC’s Scott Wapner at the CNBC CEO Council Summit in Washington, D.C., on Tuesday.
Faced with the choice between “a lot of uncertainty” and a market that continues to push higher, Rieder concludes, “I think you gotta, you gotta stay in it.”
$BLK