$356 Billion Fund Manager: “Now Is The Most Treacherous Time Ever. I’ve Never Seen This In My Career”

$356 Billion Fund Manager: “Now Is The Most Treacherous Time Ever. I’ve Never Seen This In My Career”:

“For any professional investor, this is the most difficult period we’ve ever experienced”, said Blackstone’s Joe Baratta, adding that “You have historically high multiples of cash flows, low yields. I’ve never seen it in my career. It’s the most treacherous moment.”

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