For finance titans, the US economy rules

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The financial titans attending this year’s Milken Institute conference in Beverly Hills don’t seem like the types who answer consumer confidence surveys or financial wellness polls: They’re way too bullish on the US economy. A recurring theme at this year’s annual gathering of financiers, CEOs, and economic influencers is America’s resilience in the aftermath of the COVID pandemic. “There is reason to be happy about the US performance,” Kristalina Georgieva, managing director of the International Monetary Fund (IMF), told a ballroom full of people at the conference on May 6. “The US has a remarkably strong labor market. It has...