Trending Thursday: Is the job description “financial press” or “palace guard?”

Trending Thursday: Is the job description “financial press” or “palace guard?”

From the Fed to FannieGate, plus the impact of banking regulations and more

Question remains: When will interest rates start rising?

3 different expert predictions

This is why you can't blame Millennials for low homeownership rates

Stop the blame game
W S
Investments / The Ticker

Blackstone: America is in an epic credit bubble

stock2
/ Print / Reprints /
| Share More
/ Text Size+

Blackstone (BX), one of the largest real estate investment firms, believes that the financial system is overly leveraged. Per CNBC:

We are in the middle of an epic credit bubble, in my opinion, the likes of which I haven't seen in my career in private equity," Joseph Baratta, The Blackstone Group's global head of private equity, said Thursday night at the Dow Jones Private Equity Analyst Conference in New York City. "The cost of a high-yield bond on an absolute coupon basis is as low as it's ever been."

Baratta said the U.S. still has "clear headwinds" and is "range bound" between 1 percent and 3 percent economic growth.

Source: CNBC
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus