The US natural gas over-the-counter market has risen by more than 1% during trading, with the current price quoted at $2.6763.
智通财经2026/08/07 22:46Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Another interpretation of negative non-farm payrolls: BlackRock Fixed Income CIO says AI is making employment data obsolete, and interest rate hikes are “meaningless”
Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, believes that the negative non-farm payroll data in July is not a sign of recession, but rather evidence that the AI productivity revolution is reshaping the labor market. He bluntly stated that further interest rate hikes "make little sense," strongly supporting the use of fiscal measures such as loosening regulations to fight inflation. He has shifted funds toward European bond markets and emerging markets, considering U.S. investment-grade corporate bonds "completely unattractive" due to the massive increase in supply facing the market.