Fed adopts new rule limiting 'too big to fail' bailouts

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage
Investments / The Ticker

Blackstone: America is in an epic credit bubble

/ 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