Famed investor Mike Novogratz says 'liquidity tsunami' from stimulus will drive investors to buy any dips from Biden's tax plan | Markets Insider

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Famed investor Mike Novogratz says 'liquidity tsunami' from stimulus will drive investors to buy any dips from Biden's tax plan | Markets Insider
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Famed investor Mike Novogratz says 'liquidity tsunami' from stimulus will drive investors to buy any dips from Biden's tax plan

on Friday that any dips in the stock market from Joe Biden's tax plan will be buying opportunities, as the next fiscal stimulus will provide a ton of cash.

However, Novogratz said markets are more focused on the liquidity coming from the next fiscal stimulus. Even a $1 trillion stimulus will be worth 5% of US GDP, he said.

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