Investors have become complacent about risk, warns LarrySummers, and have succumbed to the kind of exuberance that preceded the 2008 crash or the dotcom collapse. A measure of underlying ...
Early in the Biden administration, former Treasury Secretary Lawrence Summers correctly warned that the president’s policies were likely to lead to inflation. He offered the same prediction ...
Now, as Donald Trump threatens to impose punishing tariffs on the U.S.'s closest trading partners, Summers is sounding an alarm for the new president: You're about to fall into the same trap.