The stock market outlook, according to Lord Jacob Rothschild, is not positive at all. In a letter to RIT Capital Partners investors, the fund manager's expectations are negative for the markets. He does not think the moment is appropriate for new stock purchases and adding risk to portfolios.
In his letter, the investor notes the unprecedented high levels of S & P, and his expectations are negative due to factors such as: the likelihood of a change in the course of central bank monetary policies toward tightening and geopolitical risks.
This is what the investor's portfolio looks like, where there is an increase in shares in the financial and healthcare sector:
Chart: Bloomberg Pro Terminal
Trader Nikolay Georgiev
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