Investment guru Jim Rogers has a contrarian message for U.S. investors in the wake of the Trump presidency: Buy Russia; China is too risky.
Hong Kong's unrest may be prompting globe-trotting millionaires to locate to Singapore instead, as the cities each strive to be Asia's financial hub.
But Rogers says he isn't selling yet. "If I was smart enough to tell you when it's going to happen, I would get rich," he tells CNBC.
Investor Jim Rogers explains why he’s not investing in U.S. stocks right now. (0:45)
Investor Jim Rogers is concerned about the safety of his money in bank accounts around the world now that Cyprus is "looting" money from big depositors to help fund the country's bailout.
Jim Rogers, Rogers Holdings Chairman and author of "Street Smarts," explains why he is short in government bonds, and where he is investing globally.
The business community has no shortage of people willing to offer their diagnoses for what ails the country. Read ahead to see their prescriptions for America.
NEW YORK-- Eastman Chemical Co.' s shares jumped in trading Friday after the chemical company reported a third-quarter profit that beat market expectations. The company now expects to earn $5.30 to $5.40 per share for the year on an adjusted basis, up from its prior forecast of $5.30 per share. Eastman earned $154 million, or 99 cents per share, for the quarter.
Jim Rogers would rather invest in Russia than the U.S. stock market, the noted investor told CNBC’s “Closing Bell” on Monday.
Jim Rogers, Rogers Holdings Chairman, says he is not buying U.S. stocks; he sees problems ahead in 2013-2014.
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.
Jim Rogers, chairman of Rogers Holdings, shares his view on investing in Russia, "Mr Putin seems to have realised he will go down in history as just another thug unless he takes some real actions, and he has started to do things that even surprise me."
Jim Rogers, chairman of Rogers Holdings, says the ECB bond-buying program is not a game changer and will only raise the level of debt and make the situation worse. "These guys have been saying the same old garbage for a long time", he tells CNBC.
China’s economic resilience is under the spot light following a slowdown in growth rates in recent months. The big question facing investors in China and the global economy is can the world’s second biggest economy avoid a hard landing.
"If oil does go to $40, that means it'll just be setting up an even more bullish scenario for the duration of the bull market," the famous investor says.
Jim Rogers' advice amid all the global economic turmoil: Short stocks, consider commodities and to heck with European bailouts, he tells CNBC's "Closing Bell."
Jim Rogers, CEO and chairman at Rogers Holdings, said he expected regulation and taxes to increase and mentioned several ways to profit from agriculture.
Jim Rogers, Rogers Holdings CEO & chairman, explains his bullish outlook on grains and China; how he views a global slowdown as a buying opportunity; and why he would buy gold on a dip.
The Dow and S&P 500 may have hit their highest levels since 2008 on Tuesday, but well-known investor Jim Rogers is still staying away from stocks. Instead, he’s playing the rally with commodities.
The Dow closes above 13,000 for the first time since 2008, but will the market continue to rally? Jim Rogers, Rogers Holdings CEO & chairman; Michael Holland, Holland & Company chairman, and Steve Grasso, Stuart Frankel managing director, discuss whether an economic rebound is brewing; the impact of high oil on stocks, and the outlook for housing and the U.S. dollar.