Showing posts with label Stephen Roach. Show all posts

Wednesday, November 10, 2010

Stephen Roach : Nobody Wins in a Currency War

Nov. 9 2010 | Nobody wins in a currency war, noted Stephen Roach, non-executive chairman, Asia of Morgan Stanley. He tells CNBC's Martin Soong and Sri Jegarajah why he support's Geithner's plan to focus on current accounts.

Tuesday, November 9, 2010

Stephen Roach : QE2 may result in higher returns in Asia

In an interview to CNBC-TV18, Stephen Roach, Non-executive Chairman, Asia Morgan Stanley said that QE2 may result in higher returns in Asia. According to him, controlling capital is the only way to contain blowout asset prices.

Tuesday, October 26, 2010

Stephen Roach, China Yuan vs. Dollar

Oct. 26 2010 | Discussing U.S. and Chinese economic ties, with Stephen Roach, Morgan Stanley non-executive chairman.

Tuesday, October 12, 2010

Stephen Roach, Do not Blame China for America s Problems

Stephen Roach, QE Wont Work
Quantitative easing is not going to work, warns Stephen Roach, non-executive chairman at Morgan Stanley Asia. In this First On CNBC interview, he tells CNBC's Chloe Cho why, as well as if capital controls will help or hamper the global recovery.

Wednesday, April 7, 2010

Stephen Roach : Geithner visit to China is very encouraging

April 7 (Bloomberg) -- Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg's Deirdre Bolton about U.S. Treasury Secretary Timothy Geithner's plan to travel to China after his two-day trip to India concludes today.¶ Geithner will meet Chinese Vice Premier Wang Qishan in Beijing tomorrow. Roach also discusses China's currency policy and U.S.-China relations. (Source: Bloomberg)

Thursday, March 11, 2010

Stephen Roach : China may make small move on currency

Stephen Roach Discusses China's Economy, Policy

March 11 (Bloomberg) -- Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg's Margaret Brennan about the Chinese economy. China's consumer prices reached a 16-month high, climbing 2.7 percent in February from a year earlier, the National Bureau of Statistics said in Beijing today. Premier Wen Jiabao aims to hold full-year inflation around 3 percent. (This report is an excerpt. Source: Bloomberg)

Who is Jim Rogers ?

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

Mr. Jim Rogers is Independent Director at Xylem, Inc., a Member-American Section at Société de Chimie Industrielle, a Member-Executive Committee at Sequoyah Corp., a Member at The Business Roundtable, and a Member-Executive Committee Sequoyah Council at Boy Scouts of America.

He is on the Board of Directors at Xylem, Inc. and LORD Corp.

Mr. Rogers was previously employed as a Member by American Chemistry Council, Inc., President by United Way of Greater Kingsport, Executive Chairman by Eastman Chemical Co., Chairman & Chief Executive Officer by Eastman Ventures, Chief Financial Officer & Executive Vice President by Building Materials Corp. of America, Chief Financial Officer & Executive Vice President by GAF Corp., Executive Vice President-Finance by International Specialty Products, Inc., Treasurer by Amphenol Corp., Vice President-Finance by Morgan Guaranty Trust Company of New York, and Naval Aviator by United States Navy.

He also served on the board at Genencor International, Inc.

He received his undergraduate degree from the University of Virginia and an MBA from The Wharton School of the University of Pennsylvania.