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Fortress Investment Group’s Michael Novogratz on Bloomberg TV

By Chris Clair

Fortress Investment Group LLC principal and director Michael Novogratz conducts a wide-ranging interview with several Bloomberg TV journalists. Toward the end of the segment, around the 10-minute mark, Novogratz says he thinks the principal market driver going forward will be inflation. Europe is trying to limit it by raising interest rates, while the Fed seems to be trying to encourage some mild form of it by keeping rates low. Novogratz also discusses his outlook for equity markets and his investment strategy.

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