Schwarzman Says Recent Market Volatility Is 'Pretty Normal'

The video discusses the concept of a 'new normal' in economic growth, predicting a 3% growth rate for the developed world. It highlights the stock market's recent performance, suggesting that such high returns are unsustainable and will lead to increased volatility. The speaker emphasizes the importance of long-term perspectives over short-term fluctuations. Additionally, the video explores the relationship between business confidence and private equity deals, suggesting that high confidence leads to more market activity.

What is the expected growth rate for the developed world this year according to the speaker?

• 3%

• 1%

• 7%

• 5%

What does the speaker suggest about the stock market's performance if annualized?

• It will be around 100-110%

• It will be around 80-90%

• It will be around 30-40%

• It will be around 10-20%

How does the speaker describe the future of the stock market?

• It will continuously decline

• It will only go up

• It will be stable and predictable

• It will be volatile with ups and downs

According to the speaker, what is the relationship between business confidence and deal-making?

• High confidence leads to fewer deals

• Confidence has no impact on deals

• Low confidence leads to more deals

• High confidence leads to more deals

What factor does the speaker mention as a reason for not buying another business?

• High interest rates

• High market volatility

• Low business confidence

• Trouble in one's own business