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Michael Arougheti, President of Ares Management

The Walker Webcast

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Aries - What's Your General Feeling on the Economy?

The economy is still very strong. What you're seeing in your portfolio is people continually invest and taking advantage of it. The question for everybody is, does that slowdown flip over to real negative growth? And at least as of a couple weeks ago, our answer was probably not. You know, you can't rule out that a recession is on the horizon. But I would have probably said you're in a likelihood of soft landing to moderate recession for longer.

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