Why legendary investor Jim Rogers anticipates a catastrophic bear market ‘within our lifetime’
Seventy five year old Wall Street investor and financial analyst Jim Rogers says he’s expecting another harsh bear market to come our way – and soon.
His reasoning for anticipating that it will be of catastrophic proportions lies in the fact that the global economy has accumulated such a large amount of debt since the 2007-2008 financial crisis. The recent correction in the stock market, with the Dow Jones industrial average posting its worst week in two years. Earlier in the session, the index was on track for its worst week since October 2008, during the financial crisis.
