Friday, April 29, 2016

Currencies: Fundamentals Are More Important Than Interest rates

Interest rate hikes often have been beneficial at least in the short term but the fundamentals in the end win out. Sometimes you have to raise interest rates 5 or 10 times for it to make any kind of significant difference.

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.

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