Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Wednesday, July 1, 2009

Jim Rogers Refuses To Short The Market

Jim Rogers is bearish on the dollar, economy, and bond market but refuses to short the market.... WHY?
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jim rogers dollar weakness collapse cnbc bond market economic short the markettamer

Singapore hard hit by the global financial crisis !!!

Singapore's economy is shrinking at a faster pace than at any time in its recent history. Trade dominates Singapore's economy and it is heavily dependent on exports to western consumers.
Singapore is also one of the places particularly hard hit by the global job crisis.
Despite an average growth rate of nearly 8 per cent between 2004 and 2007, Singapore was the first East Asian country to fall into a recession from the current global economic crisis after July 2008.This year the GDP is expected to shrink by 10% amid decline in Exports to the western markets and especially the American market also hit by the recession . This clearly reflects the big vulnerability of the Singaporean economy to global economic and financial shocks.
Although the exposure of Singapore’s banks to sub-prime mortgage is limited, due to its well regulated market. The recession came mainly through the fall of the non-oil exports in manufactured goods, induced by the overall deterioration of economic conditions and the decline in consumption the American and European markets.






Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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