Interest rates have never been so low, for so long. This creates mixed outcomes – it supports consumption and is therefore good for businesses, but also has distorting effects such as encouraging risk-taking.
Howard Marks is Co-Chairman of Oaktree Capital Management. In this edition of GIC Meets, he shares his perspective on the impact of low interest rates.
We were honoured to have Howard as a speaker at GIC Insights 2019. GIC Insights is our annual flagship event that gathers a select group of prominent business leaders to deliberate over long-term issues pertinent to the international business and investment community.