Changes to the capital markets, higher taxes for the rich, tougher antitrust enforcement, enhanced education—all get proposed as cures. If the problem can’t be solved, the economy may suffer long-term.
Amid worries of a K-shaped recovery, corporate leaders and investors can help halt the increase in disparity, global economist and investor Dambisa Moyo says.
Asset Management Culture
They’re also upping their allocations into alternatives, such as private equity and private credit, says a State Street survey.
Coronavirus - COVID-19
A painful $16 trillion could vanish from the planet’s coffers, only the second down year this century, Boston Consulting’s study estimates.