The Ultimate Safe Haven

Blackstone's chief investment strategist, joe gray joins us to talk about the world. He says we are one of the only major economies with a cushion of six trillion dollars in stimulus that sits on household and corporate balance sheets. We don't expect the rest of the world, or g seven countries, or europe, to enter a recession as a result of the higher oil prices, but we think it will be a head wind to grow. J c, tentex rejoin us later this week for another look at housing market conditions.