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Milken 2023: Elite Investors Warn of Recession and Credit Crunch

Insider's Phil Rosen breaks down what top money managers are saying at the Milken investing conference in Los Angeles.

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Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 03:38:00

stability. i think what president biden can do is not so much, sell his personality or dynamism, or something kind of the way trump used to sell. but cell himself and a moral fashion way, with his record. and this regret brought greater stability since the time the pandemic, and now the case of the trump years. so i think that s the task on the biden team, between down 24. it is preserved that stability. you know, we can t have another afghanistan withdrawal. we can t have anything that makes people question the competence, or whether he can do that for another four years, as i know he can. michael, how seriously should the biden campaign, or how worried should they be about this third party push from political groups like no labels because i m an ally for the milken conference? which is ground zero for really rich suits. they love the idea of no labels. in what no labels is great at, raising tons of money and convincing really rich guys that there is this sector lane. last i checked

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Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 06:38:00

from political groups like no labels because i m an ally for the milken conference? which is ground zero for really rich suits. they love the idea of no labels. in what no labels is great at, raising tons of money and convincing really rich guys that there is this sector lane. last i checked, the only place republicans are going farther to the right. marjorie taylor greene has a lot more power, right now, then amid romney. i ve been the politics of it aren t really about moderate or non moderate it is a i have no idea what that is. if your french vanilla, had been like scream, not so good for vanilla. but it does is split the anti trump vote, should trump be the nominee. so this third party thinks, you get 10% who don t like either candidate but in the end are probably more anti trump than they are pro biden. so i think politically, the main goal, i know some of those people in that world. they have been doing it for the right reasons. but i think the racial politics are, no, y

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LOS ANGELES Is China still an attractive global investment destination? The 2023 Milken Institute Global Conference seeks to find the answer,

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Quotes: How asset managers see the investment outlook at Milken

Big money managers gathered at the Milken Institute Global Conference, in Beverly Hills, California, on Monday to discuss the environment for investments amid higher interest rates, sticky. | May 1, 2023

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