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%.

Tuesday, February 17, 2015

US Interest Rates to increase going ahead



The US Federal Reserve may consider hiking interest rates after June. What would be the repercussion on the global financial markets?

Jim Rogers : I do expect US interest rates to increase going ahead, but it would be difficult for me to forecast the exact timing. The US Federal Reserve usually follows market cues. So, I am not too worried about the US interest rate going higher, as when interest rates move higher, many people tend to get afraid and sell their shares, but history shows that it takes 2-3 years for any interest rate hike to really impact the markets. I would advise that one should not worry because that would be a temporary sell-off.   - in Economic Times





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%.
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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