Legend Who Oversees $170 Billion Issues A Dire Warning To The World
KingWorldNews.com
May 15, 2015
On the heels of more weak economic data releases from the United States, a legendary chairman & CEO overseeing more than $170 billion, who is one of the most respected men in the financial world, issued a dire warning.
Eric King: “Rob, you are a legend in the business and your firm Research Affiliates now oversees more than $170 billion. The KWN global readers are very concerned about what’s happening in the world today. I’m talking about the irresponsible actions of Western governments. You’ve warned about this for years but now it’s even more out of control. How do you protect your clients if the U.S. launches QE4 and there is even more synchronized money printing all over the world? What do you tell them during dangerous times like that? Because things can spin out of control very quickly.”
Late-Stage Bull Markets Are Brutal
Robert Arnott: “Well, I think the first thing that’s needed is diversification. People know that diversification feels wonderful in a bear market, but if feels painful in a bull market and brutal in a late-stage bull market.
People should recognize that diversification is most urgently needed when it is least wanted. In a late-stages bull market, nobody wants diversification. But that is exactly when it is most required. And diversification means going into markets that are out of favor.
The Dark Side Of A Bull Market
The Rest…HERE
