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What'd You Miss This Week

38 mins | May 13, 2020

What'd You Miss This Week: Expect a square root recovery, not a V-shaped one

Author Richard Haass on the new cold war between the U.S. and China. This week, Christopher Ailman, the chief investment officer at CALSTRS, California's state teachers retirement system with $226.9 billion dollars in assets under management, talks about the FOMO rally and why he thinks the recovery will look more like a square root than a V-shape. Then, Richard Haass, the president of the Council on Foreign Relations, discusses his book "The World: A Brief Introduction" and the new cold war between the U.S. and China. Finally, former Minneapolis Fed President and Bloomberg Opinion columnist Narayana Kocherlakota explains why he thinks the Federal Reserve is "being a drag."