Jim Rogers: Forget U.S. markets, I’m buying Chinese and Russian stocks

With the Dow and S&P 500 at all-time highs, Jim Rogers, famed investor and author of Street Smarts: Adventures on the Road and in the Markets, tells The Daily Ticker he is staying far away from U.S. stocks and looking for opportunities in markets that are beaten-up. In the accompanying video, he talks about why he likes China (down 65% from all-time highs) and Russia (“probably the second-most hated stock market in the world” after Argentina).

Looking at the big picture, this week’s optimism about capital market reforms in China seemed to encourage investors and outweigh any concern stemming from the referendum on independence held in two regions of Ukraine.

Read the rest of the story here.

Published by Karl Dickey

Karl Dickey is a Florida entrepreneur and is into punk music, volunteering, contemporary art, antique books, vegan health, triathlons, and general aviation.

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