Rubenstein
David Rosenberg.
  • David Rubenstein predicted stubborn inflation and warned recession fears can freeze markets.
  • The Carlyle billionaire forecasted a rebound in dealmaking after a muted year in 2022.
  • Rubenstein touted the private equity's industry track record and global growth opportunities.

David Rubenstein has cast doubt on a full inflation reset, flagged a key downside of recession worries, and predicted a rebound in dealmaking this year.

The billionaire investor and Carlyle cofounder also forecast superior returns in private markets than public ones, and underlined the global growth opportunities for private equity. He weighed in during a recent episode of the "Exchanges at Goldman Sachs" podcast.