Mansco Perry, Carlos Rangel, and Tim Recker comment on the widening of the wealth gap creating both risks and opportunities for asset owners.
Some $2.9 trillion, hoarded by rich nations’ consumers, will fuel post-virus spending, Bloomberg Economics thinks.
After capex rebound, financial and industrial stocks should benefit most, BCA study says.
Not really, says UBS’s Haefele, sounding optimistic on vaccines and possible fresh aid in 2021.
The asset value for the state retirement system’s portfolio increases to $18 billion.
Organization warns pandemic will reverse progress made in reducing global poverty and will increase inequality.
In four years or so, due to loose monetary policy, the CPI will be jumping by 5% to 10%, the renowned financier says.