, Jim Rogers Blog: The Global Markets Aren't Prepared for this Trade War

Monday, April 9, 2018

The Global Markets Aren't Prepared for this Trade War


Jim Rogers believes global markets will fall from these levels and may rally for a while if someone says something nice, but things will get much worse by end of this year and next year as interest rates will go higher and Trump administration will continue with trade war.

Rogers is of the view the US is not prepared for the trade war. "China is in better position than the US, at least financially, and China doesn't want a trade war. Only Washington wants a trade war," he said.

- Source, Zee Business