The U.S. economy has undergone deep, lasting changes since the start of the pandemic, she said during a panel discussion.
Stocks are staring at the possibility of another rate hike this year as labor-market resilience persists.
The average tenure of the 59 finance chief executive officers in the S&P 500 is approaching 11 years.
The rout in Treasurys has sent shockwaves through the global bond market in recent months.
Alt investments can provide the non-correlated assets that stocks and bonds have failed to deliver, he said.
Just 10 stocks have driven the S&P 500 higher, they said.
Higher borrowing costs for longer mean financial conditions will tighten even without further action from policymakers.
Technical traders are concerned that the index will break its 200-day moving average, which sits around 4,204.
Goldman Sachs Group Inc. said McCarthy's departure adds to the risk of a government shutdown in November.
In a recent investment outlook, Gross said neither bonds nor equities are attractive, even after recent selloffs.
Equity investors and strategists still have a plethora of reasons to remain cautious.
Global bonds are down 3.5% in 2023 and yields worldwide are now at levels almost unthinkable at the start of the year.
The DoubleLine CEO said that a wave of productivity-related post-pandemic layoffs is about to commence.
Goldman economists recommended exposure to “equity-down rates-up hybrids.”
Carlyle's private equity business will now focus its U.S. strategy around sectors including health care.
The largest seven tech stocks have a PEG ratio of 1.3, compared with 1.9 for the median S&P 500 stock.
Borrowing costs for S&P 500 companies have ticked up by the largest amount in nearly two decades.
The Lazard Global Listed Infrastructure Portfolio has been the top performer in its category over the past 10 years.
The economy's growth might slow, but it remains resilient.
The SEC claims the firm's employment agreements breached tipster protections.