If Congress actually passes President Biden’s blowout spending bills, we’re in for a devastating breakout of inflation.
Biden officials and the Fed insist inflation is no big threat, but investors seem to be bracing themselves anyway.
Swenson had been on leave to receive treatment for cancer. He will be remembered as a pioneer in alternative assets and an advocate for rebalancing.
The selloff that’s tearing through high-valuation tech shares has battered Cathie Wood’s flagship ETF.