Monday, November 17, 2014

Wilbur Ross:
World Markets are
Living on Borrowed Time
Private-equity billionaire Wilbur Ross thinks global financial markets are living on borrowed time with geopolitical crises & deflationary risks still a concern .. "I think the markets are living on borrowed time because investors have no alternatives .. where else can you put money unless you want to buy a $100 million Alberto Giacometti sculpture." .. sees some interesting opportunities emerging in China .. 3 minutes each

1 comment:

Anonymous said...

elmer fudd was a beneficiary of crony bail out....now he's a preacher?

The $800 billion gift to bankers and mega-corporations by the Washington DC Party of captured politicians was chicken feed compared to the $3.5 trillion of newly printed fiat handed to Wall Street and corporate America by Bernanke and Yellen. Five years of 0% interest rates have impoverished senior citizens and savers, but they have done wonders for Wall Street and mega-corporation profits, along with executive bonuses. Corporate profits soared from 4.5% of GNP to an all-time high of 10.5% in the space of three years and have remained at this elevated level.
Who Needs Wage Earners Anyway?

http://www.theburningplatform.com/2014/11/16/what-the-fed-has-wrought/