Saturday, January 30, 2010

Rogers: Markets Will Tank Any Day Now

Global equities are "vulnerable to correction" after rallying from their March lows and as governments around the world withdraw stimulus measures, says investor Jim Rogers.

"We're overdue for a correction" Rogers says.

"Stock markets around the world have been going up for the past 10 months," he told Bloomberg.

Also, Rogers says central banks need to tighten the money supply further. (more)

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