Finance
Deals Veteran Ken Moelis Sees World ‘Getting Better Every Day’
- Moelis cites positives in Middle East and higher EU spending
- Boutique founder is due to step down as CEO later this year
Ken Moelis, the veteran Wall Street dealmaker, predicted a golden era of prosperity across the globe, shrugging off tariff uncertainty and wars in the Middle East.
“The world is getting better every day,” Moelis said in an interview on Bloomberg Television Wednesday, citing increased government spending in Europe along with opportunities in the UK and even potentially Iran. “If you keep your eyes on the long term, I’m very optimistic. The problem with the world today is pessimists get the headlines. Everybody trying to point out everything negative that can happen.”