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Traynor stated President Biden is concerned about raising corporate taxes too high.
“For us to be successful, we need smart people to come here to learn – and we need those smart people to stay here and work," John Traynor, executive vice president and chief investment officer at the Bridgeport-based bank, said.
"The economy is not just expanding, it's evolving," said Albert Brenner.
People's United Bank executive John Traynor quipped, "Massachusetts got GE and we got Gisele – I think we got the better deal."
"When unemployment goes down and then starts going up, you generally have a recession soon thereafter," Traynor warned.
"If aerospace turns over, then Connecticut has a big problem," said Traynor about tariff-induced obstacles to manufacturing's growth.
John Traynor, chief invesment officer for People’s United Bank, is the keynote speaker.
“Is it a cause for hope, concern, or seeing opportunities? Probably all three,” said Joe McGee of The Business Council of Fairfield County.