Global fund managers are telling you something that Indian markets might be topping out
As the Sensex and Nifty scale new highs, hedge fund manager and investment guru Jim Rogers regrets his decision to exit India in 2015.
The meeting at Modi's residence came as India's rupee fell to two-year lows and a stock market sell-off wiped out most of the record gains made since he took office last year. Markets bounced back after the session.
RBI is scheduled to come out with its bi-monthly policy review on September 29 and the pressure is mounting on it to cut interest rate to boost growth.
Jim Rogers told a financial daily that he has sold his India shares. Fact is: Rogers has been a long-term India skeptic and has a right to be one.
The legendary investor's view on oil and gold is the same: they're both headed lower in the short term and higher in the long term.
Drawing from the experience of the Russian market's recent collapse, here are lessons one can take away on value investing and how one can be a contrarian investor and save themselves from being burnt.
Jim Rogers said, the crude prices could see a bottom in the short-term, which in turn could galvanize OPEC into taking action because the OPEC have not cut back on their spending and would need to keep the prices up.
Rogers, co-founder of Quantum Fund, said the simultaneous monetary easing and currency debasing in all major western economies was "the first time in history" for this to happen.
With gold prices being hammered in recent weeks, and trading near four-month lows on Wednesday, longtime gold bull Jim Rogers is sounding a word of caution, saying it's possible the correction in bullion may continue into the new year.
Jim Rogers would rather invest in Russia than the US stock market.
Stock market ultra-bear Marc Faber said investors should brace for a major market drop ahead that will present a buying opportunity. Investor Jim Rogers said there already is opportunity from a falling market - in China.
A "terrible price" will be paid for the euro zone crisis eventually, whether the European Central Bank (ECB) embarks on mass bond purchases or not, Jim Rogers, investor and co-founder of the Quantum Fund with George Soros, told CNBC Monday.
In the past quarter a clutch of leading brokerages and experts have argued that the commodities bull run that began in 1999 has peaked. Data from the past year is supportive.
Even as markets cheered the agreement by European leaders to allow the direct use of the bloc's bailout funds to recapitalize struggling banks, well-known investor Jim Rogers told CNBC the move does nothing to help solve the region`s biggest problem, which is its high debt levels.
Jim Rogers, the chairman of Rogers Holdings, says he expects more turmoil in the global financial markets after several Asian stock markets on Friday fell to four-month lows.
Jim Rogers, CEO and chairman of Rogers Holdings, said he would not buy Facebook as a stock because it would be too expensive.
The euro could rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, investor Jim Rogers said on Tuesday.
World markets may be riddled with uncertainty, but billionaire investor Jim Rogers anticipates gains in one sector for years to come.
With Indian stocks dropping to a 2-year low on Thursday, analysts say the country - which was relatively sheltered during the last financial crisis in 2008 - is looking especially vulnerable this time around.
With stocks in Europe and the US falling to 7-week lows and plenty of gloom around, investors may be hard-pressed to find cheer this Thanksgiving. But if you were forced, in between turkey bites, to list some reasons to be thankful for, we`re offering you five.
The recent decline in commodity prices has little to do with fundamentals and everything to do with the collapse of brokerage firm MF Global, says renowned investor Jim Rogers, who described the sell-off as artificial.
Britain and several eurozone countries are likely to have their credit ratings cut in coming months as debt problems worsen, and Western policymakers are bound to embark on more quantitive easing to get their economies moving, American investor Jim Rogers said on Monday.
The deep cut in oil prices on Friday beefed up the Indian market. Nifty touched the 5500 level as London Brent crude lost nearly 9% on Thursday and Friday as well. It was down USD 2.6 to USD 108.22 a barrel. The sharp chop-down in the oil prices has reinforced hopes of decline in inflation and spread the cheer in the street.
The main worry has been the geopolitical risk and the situation across Libya getting worse and crude ofcourse spiking up to a 30-month high. In an interview with CNBC-TV18, Investment Guru, Jim Rogers, speaks about the issue and gives his outlook going forward.