Reported about 1 month ago
In a recent interview, THL Co-CEO Scott Sperling shared his thoughts on Wall Street's interpretation of the Federal Reserve's first interest rate cut in four years. He highlighted that while such cuts can provide renewed optimism for economic growth, their actual impact on markets and consumer behavior, particularly with existing high credit card debt, remains uncertain. Sperling emphasized that his firm is focused on long-term growth opportunities, rather than short-term market fluctuations.
Source: YAHOO