Abu Dhabi's Mubadala Is Said in Talks to Buy Fortress From SoftBank

The video discusses the challenges faced by investors, highlighting SoftBank's 20% decline in 2021 and the tough market conditions. It features insights from a CEO on inflation and the economic outlook under the Biden administration, predicting difficulties in the coming years. The consolidation of asset managers and regulatory challenges are also explored. The video concludes with a discussion on investment trends and the ongoing debate about a potential recession in the near future.

What does the term 'consolidation' refer to in the context of asset managers?

What factors contribute to the uncertainty about a potential recession in the coming months?