Photograph by Philip Vukelich

Nancy Lazar, one of Wall Street’s most widely followed economists, admits she was slow to grasp the devastating economic impact of the coronavirus pandemic. Then she pivoted and updated her macroeconomic forecasts, telling clients that the unfolding crisis helped buttress one of her longstanding themes: Middle America should be your favorite emerging market. Lazar is co-founder of Cornerstone Macro, an economic consulting firm; she consistently ranks No. 1 or No. 2 in Institutional Investor’s annual rankings of Wall Street economists. Also named by Barron’s as one of the 100 Most Influential Women in U.S. Finance, she recently shared her views

Read More At Article Source | Article Attribution