Billionaire investor Barry Sternlicht believes that a substantial drop in inflation is imminent, as evidenced by the decline in rents

Barry Sternlicht, the CEO of Starwood Capital, who has a net worth of $4.6 billion, predicts a significant decline in inflation, which he believes will be sharp and sudden. During an interview on CNBC’s Squawk Box, Sternlicht was questioned about his thoughts on JPMorgan Chase CEO Jamie Dimon’s yearly letter to shareholders. In the letter, … Continue reading Billionaire investor Barry Sternlicht believes that a substantial drop in inflation is imminent, as evidenced by the decline in rents