Wednesday, 9 November 2016

Donald Trump's victory is not good for the world markets: Jim Rogers

Global equity markets went into a tailspin on Wednesday as Donald Trump got elected as the 45th President of the United States. 

JIM ROGERS, chairman of Rogers Holdings and author of Street Smarts: Adventures on the Road and in the Markets tells Puneet Wadhwa that global central banks will continue to pump in liquidity and does not expect the US Federal Reserve (US Fed) to hike rates soon. 
Jim Rogers
Despite its fundamentals, India cannot remain isolated in case of a global economic problem, he says. Edited excerpts: The markets have been rattled by Donald Trump's win.

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