Top corporate executives speaking on the economy and other matters | Forexlive

Citi’s CEO Jane Fraser:

• It is good to have the last remaining major source of uncertainty resolved with acquisition First Republix today
• what has changed in the banking industry is the speed of deposits moves
• real estate concerns are at the bottom of CMBS, but it is already priced in
• this is not the world financial crisis, there will be stress but targeted and some investors will make a lot of money
• we don’t pick up the phone to tell politicians what to do
• debt ceiling turmoil has serious consequences and is more worrying than previous events

Bridgewater Co-CIO Karen Karniol Tambour

• If economy does not slow the Federal Reserve can afford to ease

Prudential investment management (PGIM) CEO David Hunt:

• Markets underestimate strength of US economy, how high rates will have to go