How to Pay for the Growing Budget Deficit Post-Stimulus; The Markets May Be Able to Overlook Rising Yields to Push Higher; E-Commerce Heads for $1 Trillion in Revenue for the First Time
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Pimco’s Libby Cantrill discusses whether concerns over a rising debt bill are overblown. Plus, top analyst Paul Meeks says the rise in rates will likely exhaust itself, which could make tech stocks more attractive for investors. And, Adobe says online spending is here to stay, forecasting e-commerce to top $1 trillion in 2022.