The first half of calendar year 2015 has been eventful for the global financial markets due to developments in Greece and China. The possibility of a hike in interest rates by the US Federal Reserve (US Fed) has also kept investors on the edge. Commodity prices, especially crude oil, base metals and gold have also been impacted by these developments.
Jim Rogers, chairman of Rogers Holdings and author of Street Smarts: Adventures on the Road and in the Markets tells Puneet Wadhwa that he expects global financial markets to be impacted by bankruptcies, fluctuations and declines in stock markets over the next couple of years. “The bond market is perhaps the biggest bubble in the world right now, ” he says… Continue reading
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