Pandemic Savings Are So Big They’ll Jet-Propel the Economy, Study Says
Some $2.9 trillion, hoarded by rich nations’ consumers, will fuel post-virus spending, Bloomberg Economics thinks.
Tag: cash
How Jeffrey Gundlach Gets Ready for Higher Rates
Check out the Bond King’s model portfolio designed to hedge against inflation and—oh, yeah—deflation, too.
Asset Allocation
Special Report: What Low-Paying Fixed Income Still Gives Us: Ballast
Despite small interest payments and not much price appreciation potential, many investors say it does deliver in this one area.
Risk
CFOs: Don’t Look for a Swift Economic Recovery
A minority of the financial officers expect the US economy to improve by 12 months from now, a Deloitte survey says.
Market Moves
Say What? Long-Time Bear Becomes Bullish on the Economy
Growing household savings and unspent stimulus money buoy David Rosenberg, former Merrill economist.
Asset Allocation
BlackRock, While Predicting ‘Sharp’ Recovery, Is Building a Strong Cash Position
The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.
Two Cash-Holding CIOs and the Changes They’ve Been Making
Matt Clark of SD and Mansco Perry of Minnesota have been making some opportunistic movements.
Risk
UC Endowment Shifts Major Cash into Alts
The huge fund is targeting real estate, private equity, and hedge funds.
BT Mulls Asset Deal to Address Pension Debt
Telecommunications giant considers alternative approaches to making only cash payments.