Market Views

Update from Jon Gray: An Inflection Point for the Economy

Blackstone President Jon Gray discusses the impact of higher rates, investment themes for 2024, and why he continues to see opportunity in private credit. 

While the economy has shown remarkable resilience to date, we believe higher rates will weigh on growth. Blackstone President Jon Gray discusses what this means for private markets in 2024 and why we continue to see opportunity — from an attractive risk/reward profile in credit to declining construction starts across key real estate sectors and long-term themes in private equity.

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