The CEO of a $445 billion fund manager speaks on the future of US tech stocks, inflation, and the next economic downturn
|01/24/2018||Posted by BusinessMediaguide.Com under General World News||
Business Insider’s Sara Silverstein recently spoke with the CEO of Principal Global Investors, Jim McCaughan, about the future of US tech stocks, inflation, and the next economic downturn. McCaughan thinks the real decline in the market is two or three years away and relates the current market environment to early years of the internet boom with more room to grow. Following is a transcript of the video.
Silverstein: And what about tech stocks?
McCaughan: Tech stocks are the future and I think that’s one of the reasons why the equity market is justified at this level and why the economy is read more >>>