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Blackstone's Steve Schwarzman Talks the Return of "Animal Spirits" to Markets

Bloomberg Talks

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Introduction

In this chapter, the speakers at the World Economic Forum in Davos discuss the impact of conflicts on the economy and predict a positive outlook for 2024, despite expectations of a slowdown in the stock market due to high interest rates. However, renewed optimism in the market, fueled by expectations of interest rates going down, leads to increased private equity investments.

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