Barry Stuart Sternlicht is the founder, chairman and CEO of Starwood Capital Group, the private investment firm focused on global real estate, energy, infrastructure and securities trading. He is also chairman of Starwood Property Trust, now the largest commercial mortgage REIT in the United States traded on the NYSE.
Тhe reasonably healthy U.S. economy is doing little to assuage investor concerns about the stock market, and all the conflicting signs makes it feel like we're "standing in quicksand," Barry Sternlicht said.
"It feels like the market is telling you the party is over," Sternlicht told CNBC's "Squawk Box," citing concerns about low liquidity. "Everyone feels like we haven't seen what's around the corner, behind the curtain, and we're nervous."
The slowing Chinese economy has put a question mark on whether the rest of the world may also get dragged lower.
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.