Marc Rowan, First Republic, Stagflation, and AI (Podcast)
Bloomberg Intelligence
00:00
The Future of Blackstone Capital
The easiest thing to value is a bond. Bonds are cash flows, interest rate and duration and bonds adjust quickly. Better risk reward has been available in private markets than in public markets for much of the last 10 to 12 years. The US financial system is the envy of the world. We are 50% of all the action everywhere in the world. It's a result of decisions made along the way to allow investors to be suppliers of credit.
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