Marcie Frost, CEO of CalPERS, joins “Squawk Box” to discuss the market environment, the effects of the pandemic on investment strategy and what earnings results mean for investors.
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She's not qualified to run CalPers with just a high school diploma. They're buying risky stocks to try and get their 7% return. State employees should be very concern with their pension since CalPers is badly under funded and now taking on more risk.
No College degree and it shows. Now they are going leverage 25% of the fund. Marcie Frost is Elizabeth holmes in a different field.
She should have put it in Gold and silver, but hey that’s why she makes the big bucks!
다시 올게
강북산부인과미프진약물낙태임신중절수술병원♥카톡CBVG♥
I can’t take you serious if you think race or gender depends on performance. That is racist and sexist.
World iis over reacted. Wear a mask and live as usual: https://youtu.be/igEYlZ0qWX8
@1:30 CalPers not fully funded? FED keeping financial markets working, you mean bailouts?
7% target?