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"I'd like everything on the menu please" – President Biden's $4.7 trillion Spending Proposal


“I’d like everything on the menu please” – President Biden’s $4.7 trillion Spending Proposal
Let the politics begin.
President Joe Biden has laid out an ambitious tax and spending plan incorporating most of the ideas from his 2020 campaign. It focuses on two main areas: an industrial policy geared to building a ‘green’ infrastructure and a clear change in social priorities.  We stress ‘laid out’ because we believe this represents a ‘wish list’ of the things this administration would like to do. What actually gets passed by Congress will not be known for months. The Biden administration’s plan is bold, with echoes of President Lyndon Johnson’s ‘Great Society’ changes from 1964-1968. The question for investors is just how much of Biden’s proposal has the political support to pass, and how might it impact markets. ....

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citybizlist : Washington DC : RiverFront Investment Group Announces Promotions of Several Investment Professionals


4/20/21
RiverFront Investment Group, a global asset manager and ETF strategist headquartered in Richmond, VA, recently announced promotions to leadership roles on the Investment Team in addition to several promotions of financial professional associates.
Chris Konstantinos, CFA® has been promoted to Director of Investments and will remain Chief Investment Strategist. Chris was a founding team member of RiverFront in 2008. Since the firm s inception, he has distinguished himself as a leader on the Investment Team and Executive Committee.
Rod Smyth, who preceded Chris as Director of Investments, will remain Chairman of the Board and actively involved with RiverFront as a member of the Investment Team. Chris promotion represents a continuation of succession. Rod has been a mentor to Chris for over two decades, said RiverFront s President & CEO, Pete Quinn. ....

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RiverFront Investment Group Announces Promotions of Several Investment Professionals


RiverFront Investment Group Announces Promotions of Several Investment Professionals
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RICHMOND, Va., April 20, 2021 /PRNewswire/ RiverFront Investment Group, a global asset manager and ETF strategist headquartered in Richmond, VA, recently announced promotions to leadership roles on the Investment Team in addition to several promotions of financial professional associates.
Chris Konstantinos, CFA® has been promoted to Director of Investments and will remain Chief Investment Strategist.  Chris was a founding team member of RiverFront in 2008. Since the firm s inception, he has distinguished himself as a leader on the Investment Team and Executive Committee.
Rod Smyth, who preceded Chris as Director of Investments, will remain Chairman of the Board and actively involved with RiverFront as a member of the Investment Team.  Chris promotion represents a continuation of succession. Rod has been a mento ....

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