Lazard Chief Executive Officer Peter Orszag's Market Outlooks Highlighted by Bloomberg and Reuters
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This week, Lazard Chief Executive Officer Peter Orszag was featured across media sharing his perspective on the deal making environment as investment banking activity increases and President-elect Donald Trump ushers in new economic policy priorities.
On December 11, he participated in a fireside chat at the 2024 Reuters NEXT leadership summit alongside Reuters finance editor, Lananh Nguyen. The summit gathered global policymakers, business leaders, and forward thinkers to discuss the leading issues of today.
Regarding market activity, Peter stated "[the] M&A market looks very constructive, at least here in the U.S. And for the economy as a whole. The mega story is the economy has held up very well. When there were predictions that it would require massive unemployment to bring inflation down, inflation has come down not quite to the level of the Fed's target, but a lot, with basically almost no increase in the unemployment rate. I think that's mostly because we had misdiagnosed what caused inflation. And therefore, the predictions that it would be very painful to wring most of the inflation out of the economy, were wrong." Click here to view the subsequent editorial on his conversation with Lananh.
Following the summit, Peter appeared on Bloomberg's Open Interest on December 12 to offer insights on the markets and economy, state of M&A and the regulatory environment as the United States embarks on a new presidential administration. He also highlighted Lazard's role as Lead Placement Agent and Co-Financial Advisor to Dropbox in its secured term loan, as well as the firm's Capital Solutions team.
Click here to watch Peter's segment.