Friday, February 12, 2016

Markets: U.S. & Europe Are Likely To Be The Most Affected

I sold short the United States stock market because I expect it to be the worst affected and maybe some of the European markets. China is also going to be affected but I sold short in the West and I own China. (iShares FTSE/Xinhua China 25 Index ETF (FXI), SPDR S&P 500 ETF Trust (SPY))

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.