Jim Rogers, who launched the pioneering Quantum fund with George Soros in 1970, warns stock markets could collapse if the global recovery fails to reignite.
Instead, he is urging investors to consider commodities which he believes could continue to thrive irrespective of the eventual path of the world economy. "If the world economy does not get better, stocks are going to fall apart," Rogers told the Economic Times. "My way of playing is to be long on commodities because either way, whether the world gets better or does not get better, commodities are going to do well. "So, if I would do any defensive buying, I would start in the commodities market, not the stock market." Rogers also believes a bubble is forming in bond markets. ...
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