BlackRock's Rick Rieder Asks If the ECB Should Be Buying Stock

The transcript discusses the economic challenges in Europe, focusing on the impact of negative interest rates and the need for investment in innovation. It explores the moral hazards of equity and debt investments and compares fiscal and monetary policies. The discussion also highlights the cost of equity in Europe versus the US and draws lessons from the Bank of Japan's monetary policy.

Discuss the potential moral hazards associated with the ECB buying equities.

What role does fiscal policy play in addressing the economic challenges faced by Europe?

How can the ECB create a more competitive European economy in the global market?