Famous billionaire and investor Jim Rogers was on CNBC to share his outlook for the economy and the U.S. stock market. As we have heard from him so many times lately, as all the money printing which will eventually come to end, he is not very optimistic and thinks stocks will be in trouble going forward.
-- No matters who wins the election, common investor is going to loose.
-- Stocks are up, but the economy has not moved. That is the disconnect.
-- Granted, the stock market looks ahead, but he does not see any optimistic signs for it to keep running.
-- Not buying U.S. equities.
-- Short Microsoft (MSFT
), short ETF with Apple (AAPL
) as its top position.
-- Recommends buying only agricultural commodities.
-- Long agricultural commodities and currencies.
Credit and source: www.cnbc.com, CNBC
Here is the video:
About the author:
Dheeraj GroverI am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne