Sell everything ahead of stock market crash, say RBS economists (Guardian link)
The Royal Bank of Scotland warns of ‘cataclysmic’ year with slumps in shares and oil and advises clients to shift to bonds
"This is about return of capital, not return on capital. In a crowded hall, exit doors are small.”
Sounds a bit dramatic to me. Are we doomed? Are they encouraging doom with such doom-laden advice?
The Royal Bank of Scotland warns of ‘cataclysmic’ year with slumps in shares and oil and advises clients to shift to bonds
"This is about return of capital, not return on capital. In a crowded hall, exit doors are small.”
Sounds a bit dramatic to me. Are we doomed? Are they encouraging doom with such doom-laden advice?
via International Skeptics Forum http://ift.tt/1Sgx0AL
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