Loews CEO warns of investment risks
New York City – 7 February 2017 –
Loews Corp chief executive officer Jim Tisch has warned that investors who bid up the prices of stocks and bonds aren’t accounting for the risks, given global uncertainties about taxes, regulation and trade, Bloomberg reported.
“The movement of these markets is in stark contrast with many unknowns of our current economic and political landscape, both here and abroad,” he said in a conference call discussing the company’s results. “It’s a major disconnect, and it concerns me.”
Tisch said he was sharing his cautious view to explain why the company repurchased … Read More