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Jim Rogers: I Don’t See This As A Great Time To Buy Stocks At All
In the fifty years he’s studied the markets, Wharton professor Jeremy Siegel thinks stocks are the most attractive now than they’ve ever been. Jim Rogers, however, does not agree.
“The economy is going to be bad within the foreseeable future, and the markets look ahead. I don’t see this as a great time to buy stocks at all,” Rogers tells us. “For him to say that, we’d have to see the stock market doubling or something from here.”
Rogers goes on to say that he’s feeling extremely pessimistic about the financial industry for the next 20 years.
“You cannot solve a problem of too much debt with yet more debt,” says Rogers. “And so this is all going to end badly for the west.”
For a healthy heaping of pessimism on gold, the dollar, the US housing market, and more, watch the interview with Jim Rogers here:
Jim Rogers: I Don't See This As A Great Time To Buy Stocks At All
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The Jim Rogers Blog: Videos, Articles, and Summaries
The Jim Rogers Blog features articles and videos from Jim Rogers. A summary of each video is also provided. This page is updated with Jim Rogers' investment advice and commentary on stock recommendations, the global financial markets, and the economy.
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About Jim Rogers Jim Rogers is a worldwide respected writer, economist, and investor known for his accurate assessment of the world economy, stocks, and the stock market. Jim Rogers is the chairman of Rogers Holdings and Beeland Interests, Inc. He also founded the Quantum Fund with his friend and fellow investor George Soros and he is credited with the creation of the RICI Commodities Index.
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