Jim Rogers : the U.S. government bond market will be the next bubble
Investor Jim Rogers, a prominent commodities bull, said on Thursday the U.S. government bond market will be the next bubble to burst due to unsustainable borrowing, and agricultural commodities and precious metals are among his favorite investment picks.
Rogers also said stock markets could head for a pullback following a strong rally.
“It’s overdue for a correction. Certainly, it would not be surprising if there were a correction after a straight-up move for six months,” Rogers told Reuters Television in an interview. Read more
