Legendary investor Sam Zell warns of liquidity crisis, says odds of economy going into recession ‘very high’

Fox Business, Released on 12/8/22

Equity Group Investments founder and chairman Sam Zell provides his outlook on the housing market and analyzes the Fed’s inflation strategy on ‘Cavuto: Coast to Coast.’

Sam Zell is an American businessman. He is chairman of Equity Group Investments (EGI), a private investment firm he founded in the 1960s. The firm’s equity interests are often in asset-intensive industries such as real estate, energy, logistics, transportation, media, and health care. EGI’s holdings also include fixed-income investments in public and private companies. The firm’s specialty has always been opportunistic, often contrarian, long-term investing and active ownership.

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