Marc Lasry, an American billionaire businessman and co-founder and chief executive officer of Avenue Capital Group speaks during a Reuters investment summit in New York City, U.S., November 4, 2019.Billionaire hedge fund investor Marc Lasry thinks the Fed pouring in trillions of dollars into the system, despite the economy "doing fine" has been lucrative for investors.
"You're not going to see this again. Where you've actually got an economy that's fine, and you've got a Fed pumping trillions of dollars in," he told Yahoo! Finance.The Fed pouring trillions of dollars to shore up markets has in fact made coronavirus a "once in a lifetime opportunity," billionaire investor Marc Lasry says.
In recent weeks, the Fed has poured trillions of dollars into the economy to help it ride out the coronavirus. But Lasry believes the economy is better prepared to survive the ongoing COVID-19 crisis than the economy could have, had this happened in 2008.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Fed's stimulus always good for the rich and the elites but not the less fortunate and no savings lower class 😉😂. They can only watch the rich enjoying 😂 their caviar, too bad.
interesting. he’s been on cnbc very often and hasn’t been very bullish
....and when the stimulus dries up?
There have been plenty of opportunities. People read this and get fomo and jump the gun. Good luck with that kind of decision making in the market.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Donald Trump and Kanye West's unlikely friendship - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bevis and butthead CNN MSNBC IdiotInChief You mean Dumb and Dumber
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Regeneron's 32-year history, race for coronavirus drug - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. How far are they ?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Bolsonaro was with US ambassador just days before COVID-19 diagnosis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon Cem Sibay now leading COVID-19 test lab - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Retail leaders demand governors require mask wearing amid COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. So grateful Oregon's governor already has. Target HomeDepot Let people choose for themselves if they wear a mask. There is considerable evidence that masks do not offer protection. Why would you want to alienate your customers?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock picks to buy, beat the market as COVID-19 cases spike: Evercore - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Really.
Source: BusinessInsider - 🏆 729. / 51 Read more »