BlackRock's Rieder Says World Is Moving More From Monetary to Fiscal Policy

The transcript discusses the shift from monetary to fiscal policy, highlighting the central banks' past influence on investments and the current market reactions. It emphasizes the increased focus on fiscal policy, including Treasury auctions and deficit spending, and the challenges posed by economic stimulus, such as inflation and rising interest rates.

What has been the recent shift in focus for investment strategies?

• From fiscal to monetary policy

• From central banks to fiscal policy

• From equity markets to central banks

• From fixed income to equity markets

How did the equity market react after recent comments?

• It remained stable

• It showed no significant change

• It increased by 3%

• It decreased by 3%

What is the current perception of the 'dot' in monetary policy?

• It is more important than ever

• It is as important as it was

• It is less important than before

• It is no longer relevant

What is one of the challenges mentioned regarding increased fiscal spending?

• Reducing defense spending

• Financing an extra trillion dollars annually

• Increasing disaster relief funds

• Decreasing corporate tax rates

What is the expected impact of increased fiscal spending on interest rates?

• Interest rates will decrease

• Interest rates will remain unchanged

• Interest rates will initially pause and then rise

• Interest rates will continuously rise