Sept. 29, 2023

Interest Rates Can Go Back to Double Digits, So This Investor Recommends Caution

Interest Rates Can Go Back to Double Digits, So This Investor Recommends Caution
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We’re currently in the longest bull market in U.S. history as the government continues to print trillions of dollars. With this unprecedented situation, continued inflation and rising interest rates are unavoidable. Depending on what happens, it’s possible that rates can go as high as the high teens as they did in the 80’s. This scenario will spur a declining stock market and depreciation of most assets. Jim Rogers, renowned six-decade investor, author, and commentator, predicts choppy waters ahead and suggests we take precautions. Jim co-founded the Quantum Fund and Soros Fund Management with legendary investor George Soros.