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from KingWorldNews:
Today King World News spoke with the man who oversees more than $100 billion about his greatest fears going forward. KWN wanted to hear what Arnott’s concerns were with the critical events now taking shape around the world. But first, here is what Arnott, who is Chairman of Research Affiliates, had to say regarding the Fed: “One of the problems is the triple mandate. If the Fed has a singular goal of maintaining steady purchasing power of the dollar, that’s not difficult. If they have a double mandate of maintaining purchasing power of the dollar constant with full employment, that’s difficult, but not impossible.”
Rob Arnott continues @ KingWorldNews.com
2012-11-09 15:19:45
Source: http://sgtreport.com/2012/11/the-greatest-fear-of-a-100-billion-asset-mgr-going-forward/