• Stifel CEO says 'Unleashing' the US economy is key to solve the deficit

  • Jan 23 2025
  • Length: 10 mins
  • Podcast

Stifel CEO says 'Unleashing' the US economy is key to solve the deficit

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  • Stifel Financial (SF) CEO Ron Kruszewski and Yahoo Finance Executive Editor Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland, to talk about the macro issues impacting the investment banking firm, including geopolitical tensions and the growing US deficit. Kruszewski says that tensions between the US and other global powers impact Stifel. "Anything that impacts global flows impacts US flows, and as a financial institution, we're at the fulcrum between savers and people who need capital. We don't want to see those tensions." The CEO raises some macroeconomic concerns about the growing US debt. "We are the reserve currency of the world. That has a huge advantage. However, we should never take that for granted, and so that's the other warning, you have got to be careful, is that we don't just believe we can print money forever," "This is about unleashing the economic activity primarily in the United States, and growth always trumps these concerns [about the national deficit]." Click here for more of Yahoo Finance's coverage from the World Economic Forum in Davos. Listen as Yahoo Finance speaks with top business, government, and philanthropic leaders at the World Economic Forum's annual meeting in Davos, Switzerland. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com
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