Private credit is like where private equity was ten or 15 years ago. People are rotating from public into private for that pickup, because the they need that incremental yield and a low rate environment. There's not as many public companies as there were ten years agoas i'm sure you know,. There's actually twice as many private companies, and they're staying private longer. And then finally, you've got a grows of retail investors, or saying, hey, i neednt diversify my portfolio.
Cathie Wood, CEO of Ark Invest, discusses her strategy for investing in China, as well as her thoughts on Tesla. Bloomberg Businessweek Editor Joel Weber shares the details of the Businessweek Magazine story Retrofitting Buildings Is the Unsexy Climate Fix the World Needs. Mark Jenkins, Head of Global Credit at Carlyle Group, shares his outlook for the credit markets. Kate Barton, EY’s Global Vice Chair of Tax, talks about the proposed OECD global tax deal.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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