Market crash coming? Jim Rogers says not yet; invest in these 'hated' assets
0:00 - Stock market bubble3:46 - Vaccine impact on markets5:35 - Debt and markets7:08 - "Hated" assets7:54 - Tech stocks9:30 - Chinese wine stocks10:52 - Commodities13:07 - Gold15:24 - Monetary policy
There's simply too much money injected into the monetary system by central banks to allow a sizeable bear market to take place soon, said Jim Rogers, investor and chairman of Rogers Holdings.
"Many stocks in the U.S. are down in 2020. There are a few stocks that are going through the roof every day. Some parts of the U.S. market are developing a beginning of a bubble, but many parts of the markets are not, that's why I suspect [this rally] is going to go on for a while," Rogers said.
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller)
