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The Business Insider: The Money Game Billionaire investor Marc Lasry says the market isn't pricing in a recession that will last 'for a while'
  • The US will be stuck in a recession "for a while," and the stock market isn't currently priced for that outcome, Avenue Capital CEO Marc Lasry said Thursday.
  • "It's going to be a hard couple years" as unemployment fails to recover and an economic rebound sputters, he added in a CNBC interview.
  • The billionaire still sees markets returning to past highs down the road, saying the market is "correct" to project "great" earnings in 2022.
  • Visit the Business Insider homepage for more stories.



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