from King World News
On the heels of the German high court ruling, today King World News interviewed five time Graham & Dodd Award Winner, Rob Arnott, who oversees more than $100 billion as the Founder & Chairman of Research Affiliates. Here is what Arnott had to say about the ruling and what is facing investors going forward: “Well it’s not unlike the US Supreme Court ruling on Obamacare. Courts tend to be reluctant in areas of gray, to overrule choices made by the elected populace. So in effect what we have is a green light for a European policy of extend and pretend.”
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