TD Ameritrade Network, Released on 12/24/22

It’s getting late in the day historically, interest rates are rising because of inflation, says Jim Rogers. He discusses how the markets are little changed after durable goods and PCE data. He also talks about the expectations for markets in 2023. He notes that higher rates are not usually good for the markets, and we could see one last big rally in 2023. He then goes over what to expect from the Fed next year. He also mentions where the U.S. dollar (/DX) is heading in 2023. Tune in to find out more about the stock market today.

Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before “retiring” at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys – once by motorcycle and once by car – and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller), Adventure Capitalist, Hot Commodities (NYTimes Bestseller), A Bull in China, A Gift to My Children, and most recently, Street Smarts.

  investing, recession, stocks