Crisis boosts RogersÆ resolve on China, commodities
Predicting that the rally in bonds will end badly, co-founder of the Quantum Fund Jim Rogers suggests bond portfolio managers look for another job.
Jim Rogers has been a long-time bull on China and commodities and the global financial turmoil has strengthened his resolve.ChinaÆs resilient economy, strong domestic consumption, high savings rate, and huge foreign reserves make the country a stand-out amid the current global financial crisis, says Rogers. And the country will emerge even stronger, he adds, when the dust of a prolonged global economic recession settles.Rogers co-founded the Quantum Fund with George Soros in 1970, one…
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