Markets

The stock market has an ‘overflowing river of liquidity’ from the previous stimulus, the co-CIO of the worlds largest hedge fund says

Bridgewater’s Bob Prince told CNBC on Wednesday that the stock market is facing an “overflowing river of liquidity” from the combination of government spending to replace lost income and high rates of saving. The hedge fund’s co-chief investment officer said the US administration post election will only “re-route” the river […]
The stock market has an ‘overflowing river of liquidity’ from the previous stimulus, the co-CIO of the worlds largest hedge fund says
News

Failure to provide more fiscal stimulus is a ‘significant mistake’ that could cause more businesses to fail, Moody’s chief economist says

Moody’s Analytics’ chief economist Mark Zandi told Bloomberg TV on Tuesday the fiscal gridlock in Washington is a “significant mistake.” “The longer we wait to provide that additional support the more likely the recovery from the economy is going to stall out and backtrack,” Zandi said. Zandi said lower income […]
Failure to provide more fiscal stimulus is a ‘significant mistake’ that could cause more businesses to fail, Moody’s chief economist says
Next Page »