Submitted by Taps Coogan on the 6th of May 2020 to The Sounding Line.
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Sam Zell, businessman, real-estate legend, and Chairman of Equity Group Investments, recently spoke with Bloomberg about his outlook on the economy and markets given his diverse holdings which include real-estate, oil and gas production, hospitals, infrastructure assets, etc… He warns that there aren’t useful historical references for this crisis and that instead of taking a bullish or bearish position on various markets today, he is simply ‘waiting and seeing’ what happens. Overall, he sees a lot of change.
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