Fund managers have a bad case of the willies right now. Altair Management hit the headlines recently when chief investment officer Philip Parker decided to ‘hand back client monies out of equities’ which he deemed ‘far too risky’. The liquidated fund was small to the point of barely being worth the effort but we appreciate the reasoning. With just 11 stocks on our Buy List, we don’t need convincing that opportunities are thin on the ground.
George Soros’s former business partner Jim Rogers takes it one step further, arguing that Trump will lead the US further towards bankruptcy, saying ‘this is all going to end very, very, very badly.’ Which is quite bad.