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Billionaires Dumping Stocks

Finally, billionaire George Soros recently sold nearly all of his bank stocks,  including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the  three banks, Soros sold more than a million shares.

So why are these  billionaires dumping their shares of U.S. companies?

After all, the  stock market is still in the midst of its historic rally. Real estate prices  have finally leveled off, and for the first time in five years are actually  rising in many locations. And the unemployment rate seems to have stabilized.

It’s very likely that these professional investors are aware of specific  research that points toward a massive market correction, as much as 90%.

Read the complete article at MoneyNews here.

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Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

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