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Podcast: Money Life with Chuck Jaffe
Episode: David Rubenstein on the economy, taxation, politics creating headwinds and more
Description: Legendary investor and noted philanthropist David Rubenstein of The Carlyle Group says that today's inflation feels like the 1970s, a time that taught investors that it is hard to get inflation out of the system. That has left the economy "treading water," trying to get comfortable with how the situation will play out before it can move forward; in the interim he expects low econnimc growth stopping short of recession, inflation that heads down but not all the way to the Fed's 2 percent, target, with war in Ukraine being a significant economic wildcard. In a wide-ranging interview, Rubenstein talks...