KKR's Pietrzak on Regional Banks, Real Estate, Debt Ceiling

  Рет қаралды 12,413

Bloomberg Television

Bloomberg Television

Жыл бұрын

KKR Co-Head of Private Credit Daniel Pietrzak, says the consumer is helping to delay a US recession which could go into 2024. He also discusses real estate, debt ceiling, and interest rates, in an interview with Sonali Basak from the sidelines of the Milken Institute Global Conference in Beverly Hills, California.
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Пікірлер: 15
@Erikkurilla01
@Erikkurilla01 Жыл бұрын
Increasing interest rates are going to continue to increase bank failures because it puts their commercial paper and treasuries underwater. They need to freeze interest rates to prevent a deep recession in the economy. At the same time the White house needs to help industry to increase gas and oil output to reduce fuel prices. The war on oil only serves to increase energy prices which trickles out to the rest of the economy as inflation. Lowering interest rates, tightening the money supply, reducing government spending and increasing the cheap supply of fuel will result in reduced inflation and a booming economy. Presto, no inflation and no recession. Of course there are a lot of other agendas out there that will never let all of that happen, so hello recession and sticky inflation.
@Lemariecooper
@Lemariecooper Жыл бұрын
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time.
@jessicasquire
@jessicasquire Жыл бұрын
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
@patrickbrussels4454
@patrickbrussels4454 Жыл бұрын
I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $1.2million.
@patrickbrussels4454
@patrickbrussels4454 Жыл бұрын
@@seanlan9325 Sure, the investment-advisor that guides me is *KATRINA VANRENSUM* she popular and has quite a following, so it shouldn't be a hassle to find her, just search her.
@goneviral8814
@goneviral8814 Жыл бұрын
Last words was the message he wanted to send out 😅😂😅
@georgekazanchyan4976
@georgekazanchyan4976 Жыл бұрын
it is a good time to buy regional banks, TFC, USB and also mega BAC is a good buy.
@AJ-iu6nw
@AJ-iu6nw Жыл бұрын
Gosh Darnit. Sonali has my heart.
@cacosartto
@cacosartto Жыл бұрын
“Sorta, sorta, sorta, sort of a bit”
@lauriesica
@lauriesica Жыл бұрын
It's the President constitutional duty to ignore the debt ceiling. 14th Amendment Section 4 of the constitution reads: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
@petersack5074
@petersack5074 Жыл бұрын
....good advice. ''oh, you know.....'' about 20 times. oh well.....
@arodriguez2707
@arodriguez2707 Жыл бұрын
Little speculation in residential real estate?! I can tell you only hangout with rich people. There has been massive speculation, Mtg fruad through the roof, and anyone and almost everyone was abke to buy with zero to five percent down pymt. Bring me on the show to talk real estate, these jokers don't have a clue.
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