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Paul Mcculley

CNBC

Watch CNBC's full Fed discussion with Paul McCulley, David Zervos and Seth Carpenter

Paul McCulley, former PIMCO chief economist, David Zervos, Jefferies chief market strategist, and Seth Carpenter, Morgan Stanley global chief economist, join 'Closing Bell' to recap Federal Reserve Chair Powell's press conference. Powell announced the Fed will double the speed of the taper and leave rates unchanged.
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CNBC

Paul McCulley says the infrastructure bill advances both capitalism and social justice

America wants a kinder, gentler capitalism; it doesn't want galloping socialism. You get it: Trickle up must reassert its democratic power against plutocratic trickle down. Pursuit of a more perfect union between the equity imperative of democracy and the profit imperative of capitalism should not, and need not, always be a partisan spitting contest.