""We all do a tremendous amount of work with each other," said James Zelter, highlighting the collaborative spirit among financial leaders at the Milken conference."
"Zelter noted that the current 'big ocean' of opportunities is ripe for partnerships, contrasting it with the brutal competition during the financial crisis."
"Franklin Templeton CEO Jenny Johnson remarked, 'We're still probably the best dirty shirt in the laundry,' emphasizing confidence in US investments despite global uncertainties."
"Jon Gray of Blackstone predicted an explosion of blue-collar job growth in the coming years, reflecting optimism about the economic landscape."
The Milken conference in Los Angeles showcased a collaborative atmosphere among financial leaders, driven by the massive investment needed for AI and its supporting infrastructure. Panelists emphasized the importance of partnerships in the current landscape, contrasting it with the competitive nature seen during the financial crisis. A significant $1.5 billion joint venture was announced, reflecting the high demand for capital. Optimism prevailed regarding the US economy and job growth, with leaders expressing confidence in the investment potential despite global challenges.
Read at www.businessinsider.com
Unable to calculate read time
Collection
[
|
...
]