Monday, September 17, 2012

Jim Rogers sees no difference in post-election USA

The world famous investor Jim Rogers is very well known about his negativity towards U.S.A. So, it came as no surprise his predictions for the upcoming elections for president of the States. According to Rogers, the main thing that separates the two candidates for the White House is that "one comes from Chicago and the other comes from Boston". Apart from this, Mr. Rogers sees no fundamental difference in how things will be in the States post-election.

He once again backed his predictions that the Russian markets are far more lucrative than the American. His outlook is fundamentally negative and his interest in the Russia is evidence of the ongoing need for investors to look to emerging markets for future investment returns.

Given Rogers negativity toward the U.S. and his recent and increasing interest in Russia, if he is proven correct, then both RSX and RSXJ may be good candidates for investment. And with Russia been less affected by Europe by the crisis there is no reason the Russian market cannot flourish, if the country continue with a proactive agenda of reform and investment.

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