Group 1 - The current U.S. stock market presents more investment opportunities compared to long-term U.S. Treasury bonds, according to BlackRock's Chief Investment Officer Rick Rieder [1] - Rieder emphasizes that short-term bonds are more attractive from a yield perspective, while long-term bonds are increasingly correlated with stock market volatility, losing their risk-hedging capability [1] - The expected return on equities, particularly growth stocks, is appealing, with a net asset return rate of 19%, suggesting significant potential growth over two years compared to long-term bonds yielding less than 5% [1] Group 2 - Rieder anticipates that long-term bonds will eventually become attractive as inflation and interest rates decline, but currently, the market trend favors short-term bonds due to concerns over the expanding U.S. federal deficit [2] - The expectation of a steeper yield curve indicates that long-term bonds are expected to underperform compared to short-term bonds, a trend that has gained popularity this year [2]