Democrats are now in control of both houses, although margins are very thin, and Republicans are more divided following the assault on Congress. With polar opposite priorities of the Trump administration, will more of the Biden administration’s economic agenda now be enacted? Senior Economic Advisor Nick Sargen, PhD is joined by portfolio managers Dan Carter, CFA and Austin Kummer, CFA to discuss recent political developments and the possibilities for investment strategy.
Nick Sargen recaps recent political developments and his forecast for the U.S. economy (00:00 – 16:09)
Dan Carter analyzes fiscal and monetary policy and their potential impact on interest rates (16:10 – 22:12)
Austin Kummer discusses the possible implications the rapidly evolving economic outlook could have on markets and options for positioning portfolios (22:13 – 29:30)
Senior Economic Advisor Nick is an international economist, global money manager, author, and contributor on television business news programs. He earned a PhD and MA from Stanford University and BA from UC, Berkeley.
Senior Portfolio Manager Dan is Managing Director and Senior Portfolio Manager, focusing on diversified broad market fixed income portfolios. He received a BS from Miami University and is a CFA charterholder.
Senior Portfolio Manager Austin is Vice President and Senior Portfolio Manager focusing on portfolio management and research functions within Total Return Fixed Income, Multi-Strategy, Private Debt, and Dividend Equity. He received a BBA from Ohio University and an MBA from Xavier University. He is a CFA charterholder.