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 24, 2015

Jim Rogers : I Expect more Slowdown to come Worldwide




“I expect nearly all economies around the world to slow down. In America, we have had nearly six or seven years without a correction in the economy or the markets. It is long overdue. Normally, we have corrections every four to seven years in the United States. So we are overdue,” Rogers told Bloomberg TV India .
“The debt is going higher and higher. Many of our customers are slowing down — China is slowing down and Japan is in recession. Now, I certainly expect more slowdown to come worldwide.”






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%.

2 comments:

  1. Do you expect the Obama administration to try and keep this from happening in advance of the elections? Or just wait it out and hope for the best? Would raising the Fed rate hasten the chances and perhaps make a correction in the markets early, thereby giving time for the economy to rebound?

    ReplyDelete
  2. Do you expect the Obama administration to try and keep this from happening in advance of the elections? Or just wait it out and hope for the best? Would raising the Fed rate hasten the chances and perhaps make a correction in the markets early, thereby giving time for the economy to rebound?

    ReplyDelete

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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