The 2020 recession was driven by policy, so any Delta-inspired double dip would be, too, Commonwealth’s McMillan warns.
Blackstone chief sees Biden’s planned boost for the capital gains levy as spurring more deals.
One reason is that spending-happy Washington will need more central bank Treasury buying.
S&P 500 returns are mainly negative on day he announces decisions; not so for prior chairs.
Investors have been expecting further stimulus to keep juicing the markets, economist Lavorgna warns.
Just a minor player globally, the Chinese currency will expand its use a lot over the next decade, the hedge fund honcho predicts.
The market won’t collapse all at once, yet the dip still will be painful, economist says.
Mansco Perry, Carlos Rangel, and Tim Recker comment on the widening of the wealth gap creating both risks and opportunities for asset owners.