Billionaire investor Marc Lasry says the Fed's rampant stimulus makes 2020 a once in a lifetime opportunity for investors, as the US economy is fundamentally fine
- Billionaire hedge fund investor Marc Lasry thinks the Fed pouring in trillions of dollars into the system, despite the economy "doing fine" has been lucrative for investors.
- He called COVID-19 a "once in a lifetime opportunity" for investors, who he said can benefit from massive stimulus while the economy itself is fundamentally solid.
- "You're not going to see this again. Where you've actually got an economy that's fine, and you've got a Fed pumping trillions of dollars in," he told Yahoo! Finance.
- Visit Business Insider's homepage for more stories.
The Fed pouring trillions of dollars to shore up markets has in fact made coronavirus a "once in a lifetime opportunity," billionaire investor Marc Lasry says.
"I know you're not supposed to say this, but it's a once in a lifetime opportunity. You're not going to see this again. Where you've actually got an economy that's fine, and you've got a Fed pumping trillions of dollars in," Lasry, the CEO of Avenue Capital Group and the co-owner of the Milwaukee Bucks told Yahoo! Finance.See the rest of the story at Business Insider
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