European QE: Stock Markets Are Going To Go Higher

They are going to say it is a success wether it is or not. Just like in the United States, just like in Japan. They will measure the success because the stock markets are going to higher, stocks are going to go higher. And they will say therefore things are better in Europe.

The way you measure success is, you ask on the street, "Is your life better or not?". And most of them a year from now will be complaining because the cost of living is going to go up a lot in Europe and nobody likes inflation, very few people like inflation.

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.

European QE: Bullish For European Stocks

It is largely sentimental, it will help the banking system, it will help the investment class, it will help me. I own European stocks and I bought more because of all this. But its not good for the European Economy, it is going to debase the currency, the currency is going to go down more. Exporters will do better, that is part of what he is trying to do. But the cost of living in Europe is going to go through the roof because the currency is going down.

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.