“The only thing we worry about is the calamitous recession”: Barry Sternlicht tells analysts in Q2 earnings call

On the heels of a strong second quarter for Starwood Property Trust, Chairman and CEO Barry Sternlicht spoke to analysts during an earnings call Wednesday about the slowing economy and “trade wars fought at 4 a.m. with tweets” that are eroding confidence in the markets. The real estate investment trust reported net income up 16 percent, year-over-year, to $127 million, or 45 cents per share for the second quarter, meeting analysts’ expectations. The company’s core […]

source https://therealdeal.com/national/2019/08/07/the-only-thing-we-worry-about-is-the-calamitous-recession-barry-sternlicht-tells-analysts-in-q2-earnings-call/#new_tab