Legend Who Oversees $180 Billion Issues Dire Warning
KingWorldNews.com
March 25, 2017
As we head to the end of what has been a chaotic first quarter of trading in 2017, a legend who oversees more than $180 billion spoke with King World News and issued a dire warning.
“A Shiller PE ratio of 30 for the United States is a triumph of wishful thinking over reality. I’d be very wary of U.S. stocks at these levels.” — Rob Arnott, oversees $180+ billion
Eric King: “Rob, when you look at the narrative that Europe is in trouble, particularly relating to the future of the euro, does the euro survive in your opinion?”
Rob Arnott: “I don’t think the euro survives. The first break in the euro comes when one of the major countries decides to opt-out. I don’t think that…
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