Bloomberg, Released on 9/11/23
Part 1 (part 2 below)
“I think the banks in the US will lose $200 billion, $250 billion” in the office sector of the commercial real estate market, Hayman Capital Management founder and CIO Kyle Bass says on “Bloomberg Markets. ”
Part 2
"In the long run you've got the Chinese economy circling the drain. You have the real estate market falling apart."
Hayman Capital Management founder and CIO Kyle Bass says "realism" is behind his bearish call for China's financial markets and economy https://t.co/xjmdHVqhRB pic.twitter.com/klM80xCI3Q
— Bloomberg Markets (@markets) September 11, 2023
Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities.