Wednesday, March 9, 2016

Even Rothschild is admitting the economy is in distress

Over the past few weeks we have had several major banks and hedge funds play down the recent stock market rally, and affirm that the bear market trend that started in January still has further to go.  And now on March 6, one of the highest of the elite went public and joined his voice to the growing mainstream chorus that 2016 will be one of financial and economic turmoil.
Jacob Rothschild, who is CEO and managing partner of both J. Rothschild Capital Management Limited and RIT Capital, wrote in a letter to his investors that ‘market conditions have deteriorated further, and that we may well be in the eye of a storm.’

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