Rick Rieder, CIO of global fixed income at BlackRock, calls the July US employment report "unremarkable. " Speaking on "Bloomberg The Open," Rieder says he expects 6% nominal GDP amid a "productivity revolution" in the US.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-07/blackrock-s-rieder-sees-productivity-revolution-in-us-video)