Milton Ezrati , is a partner, senior economist and market strategist at Lord Abbett & Co. LLC. He has been widely published in a wide variety of magazines, scholarly journals, and newspapers, including The New York Times, Financial Times, The Wall Street Journal, Forbes, City Journal, and Foreign Affairs, on a broad spectrum of investment management topics. He Tweets at: @MiltonEzrati
A recent analysis in this space made the case for equities. Pointing to the continued flood of liquidity from the Federal Reserve and still-attractive stock valuations, I argued that the rally would continue, despite the subpar economic recovery and continued policy muddles in Washington and Europe.
Will the U.S. dollar, almighty no longer, be supplanted as the world's reserve currency? Not anytime soon, Lord Abbett's Ezrati says.
Americans have cut debt, boosted savings, and held spending in check — all of which should aid the economy, Ezrati says
It seems these days that half the headlines in the financial media fear a double-dip recession, as do half the conversations on Wall Street.
