Trade War Equals Disaster
Veteran investor Jim Rogers is already predicting the worst bear market for stocks in his lifetime. And that’s before you figure in a trade war. “The next bear market is going to be the worst in my lifetime — just because of the debt — but if we also have a trade war, it’s going to be worse than a disaster,” Rogers, the 75-year-old chairman of Rogers Holdings Inc, said in a Moscow interview. “I’m extremely concerned. I’ve read enough history and been through enough markets to know that trade wars are usually a disaster.” Rogers spoke as the prospects for a full-blown trade spat looked to be … Continue reading →
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