Investors Scared by Global Outlook: Steve Rattner

The transcript discusses the challenges faced by the market, contrasting Jack Lew's optimistic view with the market's concerns about global risks. It highlights the role of various markets in signaling economic issues and the impact of repurchasing trends. The discussion also touches on the government's role in economic policy and the lack of confidence in current fiscal strategies, emphasizing the need for robust fiscal policies and infrastructure investment.

What concerns were raised regarding the stock market's predictive capabilities?

In what ways does the author believe that repurchases in the market are not indicative of fundamental growth?