Jim Rogers says the stock market will experience jitters until the Federal Reserve increases borrowing costs. Photo: BloombergSeoul: Jim Rogers, 75, says the next bear market in stocks will be more catastrophic than any other market downturn that he’s lived through. “When we have a bear market again, and we are going to have a bear market again, it will be the worst in our lifetime,” Rogers, the chairman of Rogers Holdings Inc., said in a phone interview. Rogers predicts the stock market will experience jitters until the Federal Reserve increases borrowing costs. “I’m very bad in market timing,” Rogers said.
Source: Mint February 09, 2018 03:06 UTC