re: Morgan Stanley credits ‘Bidenomics’ in lifting its U.S. economic-growth outlook.

I deal with individual clients, and many of them are extremely concerned about the long-term effects of current fiscal policy. I have seen a giant outflow of capital from equities to fixed income and annuities amongst retired clients.

When the boomers retire, more money will flow from equities...This regime needs inflation to stay high so the Boomers CAN'T retire and crash the market