Private-equity billionaire Wilbur Ross thinks global financial markets are living on borrowed time with geopolitical crises & deflationary risks still a concern .. “I think the markets are living on borrowed time because investors have no alternatives .. where else can you put money unless you want to buy a $100 million Alberto Giacometti sculpture.” .. sees some interesting opportunities emerging in China.
H/T Cliff Kule
Wilbur Ross: World Markets are Living on Borrowed Tim
Corsair Capital was down by about 3.5% net for the third quarter, bringing its year-to-date return to 13.3% net. Corsair Select lost 9.1% net, bringing its year-to-date performance to 15.3% net. The HFRI – EHI was down 0.5% for the third quarter but is up 11.5% year to date, while the S&P 500 returned 0.6% Read More