Distressed Investing Guru Wilbur Ross Looks at Potential for Inflation
- If interest rates were to go to their 10-year average, the Federal Reserve portfolio would drop by 23% which exceeds the amount of equity the Fed has.
- Ross has been getting all of his companies to lock in long-term fixed-rate financing.
- At the end of the day the biggest bubbles in the world today will be American and German government bonds because of their trivial interest rates.
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Wilbur Ross (Updated on 06/18/2013)