Vulture Investing Guru Wilbur Ross on the Fed, the Economy and Investment Strategy
- Ross thinks that the Fed action is much more for the securities markets than it is to help the actual economy
- He thinks he will be making more investments in marine transport. He thinks eventually container ships and bulk carriers where there is currently a problem of oversupply. This problem is compounded by lukewarm economies worldwide. Once again he will be supplying cash to companies that need it badly.