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:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


DANGORDONJ GREEN 3-28-17
murph4297Rick1
whstock32LFCF-dd
shortstackGoldMamba
kalletalPeter Lynch
kalletalJoel Greenblatt
kalletalKen Fisher
pbarker46Hist. Low PB
DBrizanUSA gordon 27Mar2017
hcgaron2nd F-Screen
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