With stimulus efforts continuing to drive headlines, managing director Chris O’Keefe spoke with Bloomberg. As Chris said, “If there is a bubble being created within the financial markets, to some degree, those checks do add to it because I think they’re going to chase performance.” He also noted, “It used to be you added money to the economy and people went out and bought things — cars and furniture — now it seems to amplify what’s going on in the financial markets.”
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