1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
matsandalex
matsandalex
Articles (245) 

Jim Rogers Not Impressed with Central Bank Actions

November 30, 2011 | About:

Jim Rogers thinks that the coordinated actions by the central banks will "make the problems worse."

Five central banks agreed to lower swap lines. The Federal Reserve, the European Central Bank as well as the central banks of Canada, Britain, Japan and Switzerland agreed to lower the cost of existing dollar swap lines by 50 basis points starting from December 5.

He thinks that the stock market will rally for a day or two but the core problem of too much debt has not been addressed.


Rating: 3.0/5 (9 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


tvmap267FDA SHORTS
tvmap267SHORT.
pbarker46O'Shaughnessy
jblrseUndervalued Comanies
1946DCF ROC price change one yr
1946DCF ROC
DBrizanmga beater27Jul2016
DBrizanmga beater
DBrizanBlank 26Jul2016
DBrizanBlank 27Jul2016

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK