Wilbur Ross (Trades, Portfolio) of WL Ross & Co. did an interview with Lou Dodds Tonight on the Fox Business Channel on Friday. Ross discussed the recent two-day sell-off in the stock market and his view that it's not over. He went on to lay out his thesis that the sell-off has just begun and why it will continue going forward. Ross discussed how Chinese problems aren't over and the country was try to do too much at once. He believes China and the collapse in global demand will lead to the continue to decline in stocks.
Wilbur Ross (Trades, Portfolio) Interview:
