Wall Street’s Crucial Week, China’s Growth Target, and the Alternative to Stocks 03/06/23

The markets are facing a crucial test this week with the February jobs report on Friday, along with Fed Chair Jay Powell’s semi-annual testimony to Congress on the economy and monetary policy. Former Fed Vice Chairman Roger Ferguson explains what to expect. Plus, China has set a modest target for economic growth this year during the annual session of its National People’s Congress. Longview Global’s Dewardric McNeal gives the latest. And, Wall Street may finally be giving way to stock alternatives, with many fund managers allocating assets in bonds, cash, emerging markets, and commodities. Girard’s Timothy Chubb and Pivotal Advisors’ Tiffany McGhee explain what this means for your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.