The last thing 401k investors need is high fee, illiquid private strategies offered by companies desperate to find the next schmuck to get rich on and hold their bags. My thoughts on CNBC Overtime which Morgan L Brennan described as "spicy:" youtu.be/3S0sg615ptA?...
The entire goal of the Trump economy is to extract the little wealth working people have and give it to the owners and the government so they can subsidize the owners tax cuts. Stable coins, tariffs, fees to PE for 401k, return to office. It’s all wealth transfer from workers to owners.
Will be a drag on equities, in any case.