The interest rates around the world are going higher. If the US
considers further tapering, then, I think, global markets will
eventually have to suffer. If you take this whole ocean of liquidity out
of the financial markets, somebody is going to suffer. When the US
starts tapering, the less developed markets will suffer first.
The flows into emerging markets will come under pressure. Whether the
Federal Reserve is going to taper for second time or third time, the
markets around the world are going to suffer.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.