In an interview Thursday with Bloomberg TV, Rogers said that he thinks that there is a “100% chance” that the U.S. would enter a recession within a year, arguing that central banks around the world are papering over profound economic weakness with ineffective monetary stimulus.
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%.
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