Will Snags with New Washington Stimulus Squelch the Economy and Stocks?
Not really, says UBS’s Haefele, sounding optimistic on vaccines and possible fresh aid in 2021.
Economy
Expect More Inflation Ahead, but Not 1970s Levels, BlackRock Says
Asset management titan thinks pandemic stimulus and new Fed tolerance should lead to increases in the 2.5% range.
Hawaii’s Public Pension Fund Rises 5.38% in Q1 Fiscal 2021
The asset value for the state retirement system’s portfolio increases to $18 billion.
How Transitioning to a Low-Carbon Economy Impacts Equity Markets
JPMorgan report says the impact of climate transition across and within sectors is likely to vary significantly.
How a Trump or Biden Victory Might Affect the Economy
S&P Global Ratings analyzes the candidates’ differences and ‘surprising similarities.’
IMF Upgrades Global Growth Forecast But Still Sees Deep Recession
Organization warns pandemic will reverse progress made in reducing global poverty and will increase inequality.
The Fed Will Trigger Hot-Running Inflation, Druckenmiller Warns
In four years or so, due to loose monetary policy, the CPI will be jumping by 5% to 10%, the renowned financier says.