ET Now, Released on 6/14/22
Speaking to ET NOW, Jim Rogers stated that a bear market was overdue and that one is seeing a lot of pessimism in the world right now. He also added, “Expect the bull market in crude to last long. This is going to be the worst bear market in my lifetime.” He asserted that one can expect the equity markets to fall even further than they are currently. So, is it the time to check into commodities? Is there more pain for equity markets coming?
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