“If there’s a political event, (a) change of leadership in the White House that goes to some of the anti-capitalists.”
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Persistently low interest rates and Fed money printing is leading the bull market to new heights.
His fund has managed to reach double-digit returns in 2019, while the S&P 500 is up more than 27%.
For it’s part, GE has denied the claims and said the fraud claims are pure “market manipulation.”
He also said previously that mounting corporate debt is putting the U.S. in dire straits for the next recession.