[Ed. – Soros is going to be wrong this time. If he puts his money where his mouth is, he’ll be divesting from Trump’s America here in short order. But it will be interesting to see if he has the guts to do that. Because he IS wrong, and he won’t be able to drive market reactions on this one.]
Left-wing billionaire financier George Soros has called incoming President Donald Trump a “con man” and a “would-be dictator”, and predicted that Theresa May would soon be out of office in the United Kingdom, as he spoke at the elite economic conference in Davos, Switzerland.
“He would be a dictator if he could get away with it…but he won’t,” said Soros who spoke at the economic conference during the evening at the luxurious Swiss resort. Soros said that he has confidence that people in the U.S. will “fight back” against Trump and that the constitution and the division of powers in the U.S. will prevail. …
Soros also predicted that the current market strength in the U.S. would likely not last very long into the first term of the 45th president saying, “Right now, uncertainty is at its peak, and uncertainty is the enemy of long-term investment”.
The cabinet picks highlighted this uncertainty according to Soros who said that there would likely be constant infighting among the inner circle of the Trump cabinet.