Friday, February 26, 2016

If Markets Get Worse, Central Bankers Will Come To Play Again

I know what will happen is as the markets get worse, Mrs. Yellen and the people in Washington are going to get a lot of phone calls saying, "You have to save civilization because the world is coming to an end". They are bureaucrats and academics, they do not know much of anything and that is why they work for the government. They will panic and they will d soothing. They will do more than they did in the past because it did not work in the past.

(SPDR S&P 500 ETF Trust (SPY), iShares MSCI Emerging Markets Index ETF (EEM), SPDR Dow Jones Industrial Average ETF (DIA), Market Vector Russia ETF Trust (RSX))

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.

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