Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Wednesday, April 2, 2014
Jim Rogers Skeptical About The U.S. Stock Market
I am a little bit skeptical about the U.S. stock market mainly because
what is happening is that we for the first time in recorded history we
have all major central banks around the world printing huge amounts of
money. (...) So we are all living in an artificial ocean of liquidity
which has been rising pretty dramatically for several years. I know its
artificial and in my view it is a terrible mistake. But when this ocean
dries up we are all going to suffer and suffer badly.
Related: SPDR S&P 500 ETF Trust (SPY)
Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).