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Markets & outlook · Video

Rockefeller CEO Greg Fleming on Squawk Box - “That’s the Miracle of the American Economy”

The segment gives wealth professionals a short look at how the head of a large wealth firm frames rates, fiscal policy and long-term growth. It is useful context for client conversations about rate volatility and the deficit, without portfolio recommendations.

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Summary

By the markets & outlook desk

Rockefeller Capital Management president and CEO Greg Fleming appeared on CNBC's Squawk Box to discuss interest-rate volatility, the federal deficit and his long-term economic outlook. He described factors driving long-term rates higher and said rates could eventually settle into a more sustainable range that supports investment and growth. Fleming also called for bipartisan solutions and fiscal discipline on the deficit while pointing to entrepreneurship, innovation and business creation as strengths of the American economy.

  1. Fleming discussed recent volatility in interest rates and factors driving long-term rates higher.
  2. He said rates could ultimately settle into a more sustainable range that supports continued investment and growth.
  3. On the federal deficit, he emphasized the need for bipartisan solutions and fiscal discipline over time.
  4. He highlighted entrepreneurship, innovation and business creation as defining strengths of the American economy.

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