Sam Zell: “Interest Rate Hike Is Probably 6 Or 8 Months Too Late”

0
Sam Zell: “Interest Rate Hike Is Probably 6 Or 8 Months Too Late”

Sam Zell, chairman at Equity Group Investments, spoke with Stephanie Ruhle and David Westin on Bloomberg TV’s “Bloomberg <GO>.” He discussed the expected Federal Reserve rate hike, the risk of a near-term recession, and investor flexibility provided by low-interest.

Play Quizzes 4

Zell said: “I think that this interest rate hike is probably 6 or 8 months too late. I think that the economy is closer to falling over than it is to going up.”

Morningstar Investment Conference: Fund Manager Highlights Personalized Medicine, Energy Security

Clint Carlson Far ViewHedge fund managers go about finding investment ideas in a variety of different ways. Some target stocks with low multiples, while others look for growth names, and still others combine growth and value when looking for ideas. Some active fund managers use themes to look for ideas, and Owen Fitzpatrick of Aristotle Atlantic Partners is Read More

He added: “I think that there’s a high probability that we’re looking at a recession in the next 12 months.”

Zell confirmed Airbnb approached Equity Residential about using their apartments: “[Airbnb] for sure has approached EQR and they’ve had some conversations. I don’t think that the overall scale of Airbnb is going to change the multifamily business. It might create, particularly in certain situations, scenarios where maybe a rental project is much better suited to be used as a semi-hotel in an Airbnb situation.”

Sam Zell: Fed rate hike is 6-8 months too late

Zell: U.S. at risk of recession in next 12 months

Zell: Airbnb has approached us

Zell: I don’t buy anything without an edge

Zell: I’m not a big buyer of real estate today

Zell on investing in distressed energy assets

Zell: Hard not to be seller in real estate market

Updated on

Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)valuewalk.com
Previous article Russia Warns World Over ISIS Heroin Trade
Next article Fannie Mae – Jumpstart GSE Reform: Industry Experts & Consumer Advocates Express Grave Concerns

No posts to display