Billionaire investor and philanthropist George Soros said on Thursday that the U.S. economy is going to act as a drag on world growth.Speaking at conference sponsored by the Economist magazine, Soros, who runs Soros Fund Management, said "The world economy is going to have some growth, but we are bound to be flat."
He also said the U.S. is going to be a drag.
Investors around the world listen closely to Soros' comments as his hedge fund makes big bets on currencies, interest rates and stocks.