Soros says a cut could come
- A rate cut won't be much stimulus and there are diminishing returns with QE
- He bought US government bonds
- "You could have a bounce here (in stocks) but this is not a good entry point"
- Says he's short the S&P 500
Soros is in Davos and dropping bombs. It's not a big surprise that he's short stocks, he's been talking doomsday on Europe for awhile.
