Starwood Capital CEO Barry Sternlicht: Fed rate hikes aren't impacting this job market

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Күн бұрын

Пікірлер: 31

@kingjustice1831 7 ай бұрын

He (Starwood Capital) should pay closer attention to their “possible cash crunch” and spend less time making the TV rounds.

@quietearthMT78 7 ай бұрын

This is the same guy who did an interview in which he said that he WANTED a recession to happen so that workers would be forced to return to the office full time and employers could get the upper hand overall. Screw this guy.

@GaryTruesdale 7 ай бұрын

Good insights Sternlicht!

@tomminterbobby 7 ай бұрын

Becky Quick is a good interviewer. She concisely asks the relevant question and then lets the guest speak.

@americanaforever6725 7 ай бұрын

We learned all this in the 80s. Higher Interest Rates, Taxes and increases in Regulation are inflationary as they all depress investments in additional supply. competitive growth and improved efficiency.

@danielscott1409 7 ай бұрын

My vote is that Powell break the economy and deal with inflation

@SrikarKura 7 ай бұрын

Raising interest rates by the Fed had put a brake on inflation because it deprived businesses of short-term loans. This led to fewer investments by the businesses. If interest rates were low, it would have fueled growth even further, resulting in high demand, followed by high/sticky inflation. This is one angle from which to view the situation.

@agrippamarcus6533 7 ай бұрын

Still haven’t met a real estate guy who doesn’t want lower interest rate

@Ek0 7 ай бұрын

We need glass steagall back. ASAP.

@joshnicolson7573 7 ай бұрын

I’ve never seen a CEO so publicly and desperately grabbing at straws. He selfishly sold $20 million of his own stock; which only signals that he knows his company is in trouble. I’m not sure how he doesn’t see that this seriously hurts his credibility.

@KK-pm7ud 7 ай бұрын

He doesn't care. He just wants to enrich himself and believes that the government should bail him out.

@joshuaklith7225 7 ай бұрын

High credit card payments, people over extended, high expenses. People not making enough to keep up with inflation. The chicken will come to roost.

@financialconcepts9521 7 ай бұрын

He is in trouble for his over leverage! You can see he is desperate, his company is imploding!

@mbanderson83 7 ай бұрын

Then why does the job market continue to weaken? These people are lost in the sauce.

@Willfully_Ignorant 7 ай бұрын

So to this guy inflation was transitory? I guess the fact that he literally just changed the rules to withdraw capital out of his shadow bank to 0.33% of total amount owned a month has anything to do with his being so against keeping rates high does it?

@LamarPassmore 7 ай бұрын

A lot of ghost jobs out there

@TL-rh1lf 7 ай бұрын

That's why it's important to look how payrolls are doing to get a better picture of the job market

@erichvonmolder9310 7 ай бұрын

So imagine if all these rate hikes were not necessary? All this could have possibly corrected itself without the heavy handedness of the FED, because they didn't understand the new economy. LOL!