You can do much better than the one-size-fits-all approach to equity allocations that target-date funds offer for your retirement portfolio.
"The combination of the high inflation rate and the tight labour market suggests that there is no need for strongly expansionary Fed policies."
"There is a lot of liquidity and desire to spend."
“At some point, we will have the disease mostly licked and will want the economy to recover...Will we need stimulus to spur demand at that time?"
“Other than your streaming service, you're not going out and spending a lot of money.”
Prof. Jonathan Parker says: “It's crazy to think we can flip the national light switch back on and reopen the economy nationally." (00:38)
