According to a new study, wages of younger workers have declined compared to the 1980's. CNBC's Steve Liesman reports. Joseph LaVorgna, Deutsche Bank chief U.S. economist, weighs in.
The U.S. is in vacuum where there are no policy levers to pull, says Joseph LaVorgna, Deutsche Bank, sharing his thoughts on U.S. monetary and fiscal policy during an election year. And Simeon Hyman, ProShares Advisors, provides a more positive outlook. Earnings and energy prices are stabilizing, says Hyman.