According to a report from Future Union, US-based pension funds and university endowments have allocated billions to Chinese investments.

The rule would have required much more information on buybacks to be disclosed to investors.

According to the paper, the American Rescue Plan Act is a near-term plug but does not fix long-term insolvency problems.

The Wall Street heavyweight’s forecast did not live up to his three-decade record, as a widely predicted recession did not materialize.

The findings were a part of the firm’s public pension funding study.