Private equity investing with Blackstone’s Joe Baratta

Bullish:

• $ELEC - Invest in electricity sector due to growing demand and infrastructure needs in the United States

  • “I think the single most important sort of economic driver that we see is the fact that the demand for electricity in the United States, which had been virtually 0 for decades because all of your home appliances got more efficient, the air conditioning got more efficient, is now growing at 3%.”

    Joe·23:05
• $INDIA - Invest in India due to its rapid economic growth

  • “The one bright spot in the global economy is India, which is growing very rapidly for lots of reasons we can all understand.”

    Joe·23:03
• $JAPAN - Consider investing in Japan as it emerges from economic stagnation

  • “And Japan has now come out of its slumber even though that is not a high growth economy.”

    Joe·23:03
• $AI - Invest in AI for its potential to drive business efficiencies and create new business models

  • “I think our children have the opportunity to benefit enormously from AI and the revolution that it will have for businesses and the efficiencies that it can drive and the new business models that will crop up.”

    Joe·38:02

Bearish:

• $HOSP - Consider shorting hospitality sector due to consumer pushback against high prices

  • “Consumers are beginning to push back on $1,000 hotel rooms and expensive flights, coach flights.”

    Joe·22:02
• $TECH - Consider shorting technology sector due to decelerating growth in corporate IT spending

  • “Even corporate IT spending is beginning the rate of growth is beginning to decelerate.”

    Joe·22:02