HomeMarketsU.S. Economy'Private Equity is a Bubble,' Recession Can Burst It

'Private Equity is a Bubble,' Recession Can Burst It

Jared Dillian calls private equity the "next Big Short." He points to $8 trillion worth of companies owned by private equity firms, and if a recession hits, it could create long-lasting problems. As for the Fed, Jared says there should've never been an initial rate cut, arguing "there is nothing wrong with the economy."

Market On Close

08 Oct 2024

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