kingworldnews.com / July 26, 2015
On
the heels of more weak economic data releases from the United States, a
legendary chairman & CEO overseeing more than $175 billion, who is
one of the most respected men in the financial world, issued a major
warning to the financial world.
Today legendary Robert Arnott (above), who oversees $175 billion, issued a warning to the financial world.
Rob Arnott: “Commodities have crashed. Emerging-market
bonds have cratered. Emerging-market stocks have had a grinding 4
1/2-year bear market. TIPS are down. High-yield bonds are down. So
pretty much everything outside of mainstream stocks is flat to down over
the last 30 months.
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