George Soros on asset bubbles
George Soros is arguably the most famous hedge fund manager in history. In this Bloomberg interview he warns that with interest rates low around the world, policymakers were risking generating new bubbles which could cause crashes in the future. He says "When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold."
Click HERE to view interview.
| Name | Last | Change |
|---|---|---|
| Dow Industrial | 10,320.10 | 50.63 |
| S&P 500 | 1,090.10 | 9.81 |
| NASDAQ | 2,200.01 | 23.17 |
| TSX | 12,111.10 | 0.00 |
| Gold | 1,251.10 | 0.00 |
| Crude Oil | 75.81 | -0.43 |
| Natural Gas | 0.00 | 0.00 |
| US Dollar | 82.36 | -0.10 |
| Euro | 1.28 | 0.00 |
