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Politics : Formerly About Advanced Micro Devices

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To: zax who wrote (957026)	8/16/2016 11:51:00 PM
From: puborectalis	1 Recommendation Recommended By bentway Read Replies (6) of 1574690

Billionaire private-equity CEO David Rubenstein of The Carlyle Group is psyched about the US economy. In a podcast Tuesday, he talked about the economy, the probability of a recession, and current investing opportunities. When asked about what excites him most right now, Rubenstein said (emphasis ours): "Right now I'm excited about the fact that after the great recession, the US came back in a reasonably good shape. It wasn't perfect, but we're now in a situation where the US economy is doing better than any other developed economy in the world. We're probably growing at 1%, inflation would be about 2%, unemployment would be under 5%. The budget deficit is going down. As a result of that, I think it's a pretty attractive place to invest. Obviously we prefer 5% growth, 3% unemployment and other things we probably can't achieve in the near term, but given how deep the recession was, and given how long it took to get to this point, I'm actually excited about where we are and the opportunity to invest in this economy.

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