Lord Rothschild: The New World Order Is At Risk | Zero Hedge

While Rothschild noted that “many of the world’s economies have enjoyed a broad-based acceleration not seen since the aftermath of the financial crisis of 2008, with as many as 120 countries seeing stronger growth last year” he also cautioned that “we continue to believe that this is not an appropriate time to add to risk. Current stock market valuations remain high by historical standards, inflated by years of low interest rates and the policy of quantitative easing which is now coming to an end.”

One potential risk is Europe, where debt levels have reached “potentially destructive levels”

via Lord Rothschild: The New World Order Is At Risk | Zero Hedge