Tag: Larry

Fed policy isn’t very tight and the market is ‘at the foothills of bubbles,’ former Treasury Secretary Larry Summers says

Markets are edging closer to bubble territory, Larry Summers warned. The former Treasury Secretary warned Fed policy isn’t nearly as restrictive as markets think. That’s raising the odds of no rate cuts coming in 2024, summers said. The Federal Reserve hasn’t tightened monetary policy as much as investors may think, and that’s putting the market […]

Larry Fink’s Bold Call — Go All-In on Equities for Maximum Returns

Larry Fink, who founded BlackRock, the world’s largest asset management firm, in 1988 (initially under the purview of Blackstone), currently has a net worth of $1.2 billion. He serves as the Chairman and CEO of BlackRock, which currently manages $8.7 trillion in total assets. Fink has been a long-time advocate of equities investment, recommending investors […]

RSU President Larry Rice announces retirement

Mar. 1—Dr. Larry Rice, president of Rogers State University for the last 16 years, has formally announced his intent to retire in early July. Rice is the second president to serve since 1998, when the State Legislature authorized RSU as a freestanding four-year public university with home offices on the Claremore campus. He is the […]

Blame the Fed’s inflation fighting for why Americans are miserable about the economy, according to Larry Summers (and a bunch of other top economists)

Economists just don’t get it. And by it we mean the American consumer’s miserable attitude, which continues to frustrate both President Biden’s reelection prospects and the field of professional forecasters who are praising the ongoing strength of the economy, regardless of what consumers may grumble under their breath. But that grumbling is loud. Despite historically […]