BlackRock's Rieder: Markets Haven't Fully Priced In Stimulus

The video discusses the current state of the equity markets, focusing on PE ratios and market valuations. It highlights the impact of recent and upcoming stimulus measures on GDP growth, suggesting a potential rise to 7% GDP. The discussion also covers the role of the Federal Reserve in maintaining low interest rates and how this affects earnings yield and market pricing.

What is a potential concern about the current state of the market?

• The market might be overheating.

• The market is undervalued.

• PE ratios are too low.

• There is no concern about the market.

What was the approximate percentage of GDP represented by the stimulus last year?

• 20%

• 15%

• 10%

• 5%

What is the anticipated GDP growth for next year according to the discussion?

• 7%

• 4%

• 5%

• 6%

What is the expected earnings yield of the equity market for 2021?

• 4%

• 5%

• 6%

• 3%

What is the Federal Reserve's likely action regarding interest rates?

• Increase rates

• Keep rates on hold

• Eliminate rates

• Decrease rates