Lazard: The market is entering a supply-side era
According to Bloomberg, Eric Van Nostrand, Chief Investment Officer at Lazard Asset Management, said that geopolitical tensions, fluctuations in oil prices, and higher interest rates have reinforced Lazard’s view: the market is shifting toward a new supply-side era, with outcomes driven more by supply shocks than by consumer demand. He made these remarks on the “Bloomberg Open Interest” program.