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Avenue Capital's Marc Lasry: "The Best Place To Invest Is The US"

Avenue Capital's Marc Lasry today appeared on Bloomberg TV to talk about markets.

On the U.S. economy, Lasry said: "I actually think the U.S. economy is doing great compared to the rest of the world.  So the first question is where would you want to invest?  Do you want to invest in the U.S., do you want to invest in Europe, do you want to invest in China, do you want to invest in emerging markets?  At the end of the day, the best place to invest is the U.S. So if I was going to be an equity investor, I would be an investor in the U.S."

On the idea of more Fed stimulus, Lasry said: "I think it would be the worst thing in the world…I think right now, we have been living off of theses low interest rates and having more stimulus isn’t what you need.  What you actually need is you need to get back to a little bit of normalacy and understand that the Fed can’t keep on pumping more and more stimulus into our economy.  Our economy is fine.  Let it grow and let it do what it needs to do."

Embedded below are the videos of Lasry's interview on Bloomberg TV:

Video 1

Video 2

Video 3

Video 4

For more from this manager, head to Marc Lasry's interview on Wall Street Week.