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Podcast: Money Life with Chuck Jaffe
Episode: Vanguard's Patterson: Growth's slow return should stave off a recession
Description: Andrew Patterson, senior international economist at The Vanguard Group, says that recession "is not our base case right now," because economic growth is coming in at reasonable levels, even if it is taking longer than the Federal Reserve was hoping for to achieve that healthier level of activity. Patterson thinks GDP growth can be back to its long-term trend levels by the end of the year.Β Kathryn Kaminski, chief research strategist at AlphaSimplex Group, talks about alternative investing and how the market has turned has done a 180-degree turnaround from the pandemic's early days -- when one of the b...