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 are the potential growth rates for the developed world this year according to the text?

How does the speaker describe the stock market performance in relation to annualization?

What does the speaker predict about the volatility of the market?

What factors influence the number of deals in private equity according to the speaker?

How does business confidence affect deal-making activity?