November 30, 2019 - Mike Arone, State Street Global Advisors

Something More with Chris Boyd · Dec 2, 2019 · 49m

Chris welcomes Mike Arrone, Chief Investment Strategist for State Street Global Advisors. Mike talks about the three things investors have to be grateful for: Fed easing of monetary policy (rates, repurchase market, and treasury bills), low inflation has allowed companies to grow, and US consumer confidence remains high. Economic expansion ends if central banks tighten monetary policy too aggressively, but current inflationary pressures have allowed companies to grow. Wages are growing at 3%, almost double the cost of living, equating to U.S. consumers contributing to the market. A pickup in…