JUST IN 🚨: Ruffer LLP, the UK-based asset manager more popularly known as 50 Cent, is now allocating an all-time high two-thirds of its AUM to cash, in preparation for a 1987-style market meltdown that could occur in the next 3 months.
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@Barchart For those that don’t know, Ruffer returned 16% in the 2008 crash, nailed the 2015 flash crash, nailed the 2018 XIV (Volmaggedon) implosion, and nailed the 2020 COVID crash making $2.2B. They have a very accurate and long track record of these bets.
@Barchart Before election?? You have a better shot at winning the powerball than this happening.
@Barchart 1987 style crash! "In the next 3 months" 🙄
@Barchart Wow! How success have they been in all of their recessionary calls? 😂