Stock Market: This Has Been Going On For A While

The American stock market was actually down last year. If you go to the New York Stock Exchange (NYSE) there were twice as many stocks down as up, I repeat, in the NYSE in 2015 there were twice has many down as up so we have been having problems for a while. The averages have been supported by 8 or 10 stocks that never go down or never did go down but the average market was down last year. This has been going on for a while.

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.

Markets: 2016, 2017 Will Not Be Good Years

2016 and 2017 will not be good. Partly because of the mistakes the Central banks have made in the past, they are going to do their best to hold things up as you can see, they already have, the Bank of Japan and others.

But unfortunately I am afraid we are all going to pay the price, I am not particularly happy about it but they have made a lot of mistakes in the last 18 or 20 years.

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.