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%.

Thursday, December 15, 2016

Jim Rogers on The Federal Reserve Rate Hike


Q : The long-elusive 25 basis points Federal Reserve rate hike that everybody has been waiting for has finally come through. Is the U.S. central bank moving in the right direction?

Jim Rogers : Well I know that you all have to pay attention to the Federal Reserve and other central banks; but I don’t pay so much attention. That is because they really just follow the market. You know that Federal Reserve, last December said they will raise interest rate four times in 2016. They raised interest rate once. So I just don’t pay attention to them. They follow the market. But, you should follow the market and not the central banks.


http://www.bloombergquint.com/markets/2016/12/15/russia-top-bet-on-oil-and-putin-thaw-jim-rogers








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 "
Related Posts Plugin for WordPress, Blogger...