from King World News
Today a legend who oversees more than $170 billion warned that the world may now be facing “catastrophic consequences.”
[…] Eric King: “Rob, your firm helps to oversee $170 billion globally. What has you worried going forward? What has you concerned?”
Rob Arnott: “We are overdue for a U.S. equity bear market and if we get a bear market it will have ripple effects across other asset classes. But the other thing that worries me even more than that is the central banks losing credibility and losing control.