Kravis Says the Market Is Wilder Than at Any Time in His Career

Henry Kravis said there’s more turmoil in the markets than any time in his half-century career as investors react to pandemic news.

“I’ve been investing for over 50 years, I don’t remember a time when I’ve seen such volatility as we see today,” Kravis, the co-founder of KKR & Co., said Friday on the Bloomberg Invest Talks webcast. “Just look at our markets in the U.S., we’re up one day 300, 400 points and then the next day, for almost no reason, we’re down 400 to 500 points.”

WATCH: Henry Kravis discusses recent market volatility, acquisition strategy, and the firm’s investments in Asia.

(Source: Bloomberg)

While he praised global stimulus efforts for keeping economies from ...