Â Jim Rogers appears on The Kudlow Report May 11, 2009 to discuss politics and economy in China, the outlook for commodities, President Obama’s stimulus packages, the market rally, and his forecasts on a market bust. (Interview follows excerpts and comments)
The market’s already looked ahead. We’ve had one of the strongest rallies in stock market history. Everybody’s looked ahead to December already. If you ask me things are going to be slow for a while in the stock market and the economy. Tell me what’s going to make the economy strong enough to justify all of this. Most sectors in the are not recovering.
Of course we’re having a rebound [because the Fed has pumped money into the system] right now. But that cannot last. The dollar is under pressure.Â The bond market is going to be under pressure. You’re going to see unintended consequences from these people at the Federal Reserve.
In not so many words: If you are in the stock market – Get Out! (Or Get Short!)
Watch Jim Rogers on The Kudlow Report May 11, 2009:
Mac Slavo Views:
Read by 40 people Date: May 12th, 2009 Website:www.SHTFplan.com
Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.
The content on this site is provided as general information only. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a financial interest in any company or advertiser referenced. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader.