The U.S. Stock Market Is Tricking Everybody

In the past 9 months earnings are down in the United States, most stocks are down in the United States. But if you look at the averages (the stock indexes) they are still going up because all the central banks are running their printing presses as fast as they can.

So the world is getting worse but the markets look like they are OK. Most stock markets are down but the U.S. market is the one that is tricking everybody. (SPDR S&P 500 ETF Trust (SPY), Dow Jones Industrials, Nasdaq 100 Index)

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: I Am Very Pessimistic

I am very pessimistic about what is going to happen in the world. Asia, Europe, America, the central banks have been printing for 8 years now, interest rates have gone to nothing. I t never happened in world history that you had all major central banks; Japan, Europe, Britain, America printing huge amounts of money, driving interest rates to absurd, artificial levels. It is going to end and when it ends we are going to pay a very serious price.

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.

We Are Going To Have A Serious Crisis In The U.K.

We are going to have a serious crisis in the United kingdom. The U.K. has huge debts, the U.K has a huge balance of trade deficit, the U.K. has a huge government deficit and if Scotland leaves, which they say they might, that takes the oil, a lot of the oil. They are not going to leave the oil behind. England loses a lot of its income at that point and as that develops the City of London, the financial district will come under more pressure, the Europeans are already saying, "we are going to take our financial businesses away from London now. Paris, or Frankfurt or Amsterdam or same place else is going to take a lot of that business.

The U.K. is going to be like Portugal or Poland, those were great countries once upon a time.

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.

U.S. Stock Market: Distribution Has Been Taking Place For Many Months

When you have bear markets something comes along and triggers it, and we think it is because of it, but it is always going on underneath anyway.

So this time around if we look at the United States stock market it has been going sideways for 18 to 24 months if you look at the advance/ decline or other indicators. In many circles that is called distribution in other words the smart guys are getting out and selling to the not so smart guys.

Related: SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), nasdaq 100 Index, Russell 200 Index

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.

Investing Tips

One of the best rules anybody can learn about investing in the finical markets is to do nothing, absolutely nothing unless there is something to do.

Patience is an asset for investors.

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: Most Stocks Are Going Down

There is a lot of money floating around and most of it is going into a few big stocks that people know and will buy at almost any price but most stocks are going down. (SPDR Dow Jones Industrial Average ETF (DIA), 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.

Investing: Buying A Stock And Own It Forever

What I like to do is to buy things and own them forever.

What success I have had in investing has usually come from buying stock that is very cheap or that I think is very cheap because even if you are wrong, when buying something very cheap you are probably not going to lose a lot of money.

Of course that buying something simply because it is cheap is not good enough because it can stay cheap forever. So, you must see a positive change coming, I mean something that within the next 2 or 3 years most people will recognize as a positive change.

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.