'The economy is going to implode,' said Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group. bankingcrisis Fed inflation
“I think you have to lower rates. That’s how you recapitalize the banks. I think they’ve done enough,” Sternlicht opined, adding:
The bond market is telling you what’s going to happen. The bond market is right. Interest rates have to fall. The economy is going to implode.signalingAsserting that Federal Reserve Chairman Jerome Powell “is using a steamroller to get the price of milk down two cents, to kill a small fly,” the Starwood Capital CEO stressed: “You do not have to see the car hit the wall to know it’s going 8,000 miles an hour and it will hit the wall.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Barry Sternlicht warns of a 'hard landing' for US economy thanks to rate hikesBarry Sternlicht warns the economy is facing a sharp slump as the Fed uses 'a steamroller to get the price of milk down 2 cents'
Baca lebih lajut »
Gordon Moore, Co-Founder of Tech Giant Intel, Dies at 94He died in Hawaii “surrounded by family,” according to a press release.
Baca lebih lajut »
Angelina Jolie goes on three-hour lunch with billionaire David Mayer de RothschildIn photos obtained by Page Six, the “Maleficent” star was seen smiling as she exited celebrity hotspot Nobu with the British environmentalist by her side.
Baca lebih lajut »
When Workplace Surveillance Goes Terribly Wrong“The Preschool,” by Jonathan Parks-Ramage, explores the aftermath of letting your boss put a chip in your brain.
Baca lebih lajut »
Suicidal billionaire Thomas H. Lee listed just $25M worth of assets in his willThe funds likely represent just a fraction of the financier’s worth, which Forbes has estimated to be $2 billion.
Baca lebih lajut »
Billionaire 'Bond King' Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon – Economics Bitcoin NewsBillionaire Jeffrey Gundlach has predicted that the Federal Reserve will cut interest rates substantially soon. 'Red alert recession signals,' he stressed. ratecuts inflation
Baca lebih lajut »