The chapter explores the responsibilities of CalSTRS in managing a significant pension fund for California's public school educators, emphasizing the challenge of supporting retirees living longer. It discusses the importance of long-term investment strategies, market trends, central bank actions, and maintaining a steady course amidst market fluctuations, advocating for a marathon approach to investing. The conversation also delves into the current economic environment, asset allocation strategies, the shift towards private credit, and the significance of credit analysis in uncertain market conditions.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg News Technology Reporter Davey Alba and Bloomberg Technology Co-Host Ed Ludlow discuss how Google tried using a technical fix to reduce bias in a feature that generates realistic-looking images of people. Instead, it set off a new diversity firestorm. Timothy Kramer, CEO of CNIC Funds, talks about investing in electricity with AMPD ETF. CalSTRS CIO Chris Ailman explains why he believes the US economy has made a soft landing. And we Drive to the Close with Louis Navellier Founder and CIO at Navellier & Associates.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.