Surveillance: Lasry Optimistic About 2021
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 22 December 2020
⏱️ 32 minutes
🧾️ Download transcript
Summary
Marc Lasry, Avenue Capital Group, Chairman, CEO & Co-Founder and Milwaukee Bucks Co-Owner, discusses the outlook for markets and the NBA season. Nathan Sheets, PGIM Fixed Income Chief Economist & Head of Global Macroeconomic Research, says inflation in the medium-term is going to stay as muted as it was pre-pandemic. Deborah Fuller, University of Washington School of Medicine Microbiology Professor, says the new variant of Covid-19 discovered in the U.K. appears to be overtaking the dominate strain. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, says frothy sentiment remains a risk.
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| 0:00.0 | Join us in Seattle on November 8th for Bloomberg's intelligent automation briefing about transformation in a time of uncertainty. During this special evening event, top business and IT executives will gather to explore ways in which intelligent automation can offset economic |
| 0:15.8 | pressures and help organizations thrive by enhancing operational efficiencies and stakeholder |
| 0:21.2 | value. |
| 0:22.3 | This program is proudly sponsored by IBM. Register at |
| 0:25.7 | Bloomberg Live.com slash automation slash radio. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene. |
| 0:33.0 | Daily, we bring you insight. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.0 | Daily, we bring you insight from the best in economics, finance, investment, and international relations. |
| 0:49.5 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the |
| 0:56.2 | Bloomberg. |
| 0:57.2 | This is a joy. |
| 0:58.2 | Mark Lassry joins us and yeah, we can talk Milwaukee basketball and all that, but far |
| 1:01.9 | more this is a story of West Hartford, Connecticut |
| 1:05.9 | wandering over to Clark University, |
| 1:07.9 | the land of rocketry and Mr. Goddard, |
| 1:10.4 | where he rocketed through distressed investment to the success of his Avenue Capital Group. |
| 1:17.0 | Mr. Lassary joins us this morning to look at this pandemic, the partition of America, |
| 1:22.0 | the distress that is out there, and the view forward for his industry. |
| 1:26.0 | Mark, are you optimistic about opportunity in 2021? |
| 1:31.0 | Well, first of all, thank you for that introduction. I love that. Very few times to people |
| 1:37.8 | talking about Clark. But yeah, I am actually, pretty optimistic. |
| 1:43.3 | I think for us, what you are seeing is, |
| 1:47.0 | it's a little bit of what you just talked about. |
... |
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