A market crash is imminent! Legendary investor: When the time is right, they will short the "tech giants" of the US stock market
王俊杰2017
发表于 2023-12-29 10:30:00
241
0
0
Although Wall Street generally predicts that both US stocks and bonds will perform well next year with a soft landing of the US economy and an increased expectation of interest rate cuts from the Federal Reserve, legendary investor Jim Rogers remains pessimistic about the market outlook.
Rogers predicts that asset prices will plummet and an economic disaster will come. He plans to profit by shorting the "darling" of the US stock market, such as Tesla and Nvidia, when the time is ripe.
At the age of 81, Rogers co founded Quantum Fund with American financial giant George Soros, known for investing in commodity futures and known as the "commodity king".
"Bonds are foam, real estate in many countries is also a foam, and the stock market is preparing for a foam," the senior investor said in a recent media interview.
Rogers has sold off many of his stocks and bonds because he expects a painful market crash, but he has not yet started short selling stocks.
He pointed out the "warning signs" of impending collapse, including a few stocks driving major stock indexes higher this year, and novice investors boasting to all their friends about how easy it is to make money through stock trading.
When the time is right, short the "Seven Technology Giants"
Rogers stated that he is eager to short the tech giants of the US stock market - Apple, Alphabet, Amazon, Microsoft, Meta, Tesla, and Nvidia.
"When the hot market ends, the last big rising stocks are the best short sellers," he said. "Those stocks that have performed exceptionally well and are very expensive - I hope I am smart enough to short these stocks next time."
An economic disaster is imminent
"I suspect that next year's situation won't be so pleasant," Rogers said. He pointed out that he is not sure if there will be an economic recession or a mild decline in the future, but he is "worried" that there will be the most severe economic recession since the 2008 financial crisis, since which the global debt burden has been inflating.
"The next economic problem will definitely be the most serious one I've ever seen in my life, because debt is simply unbelievable," he said.
Rogers also predicts that inflation, which has cooled significantly over the past year, will accelerate back to painful levels. In addition, he also accused the Federal Reserve of having no idea what it was doing, and condemned everyone over the past century, except for a few central bank leaders, as foolish bureaucrats and scholars.
Rogers suggests that people hold precious metals because during times of panic, precious metals are often more valuable than other assets.
"Everyone should have some gold and silver under their bed," he said. "You see, all farmers know that when a serious disaster occurs, it's best to keep some gold and silver in the cabinet."
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- The hedge fund short selling Tesla made a wrong bet and incurred losses exceeding $5 billion
- Since Trump won the US election, hedge funds that insist on shorting Tesla are reported to have lost over $5 billion
- Tesla FSD Big News: Billion Dollar Automotive Giant Shocking!
- Suddenly changed! Big news from chip giants! Samsung Electronics' stock price rises
- AI giant, big news! I may be delisted next week! I may be delisted next week!
- The latest holdings of leading global asset management giants in Chinese concept stocks have been exposed
- 80 billion Shanghai data giant raises 12 billion to expand data center
- Tech giant Microsoft is facing 'trouble'! The US Trade Commission launches an antitrust investigation into Microsoft
- CITIC Securities looks forward to the U.S. stock investment strategy in 2025: continue to allocate front-line Internet giants, and simultaneously favor advertising technology, financial technology and other fields
- AI agents are on fire! US AI application giant doubles sales team expansion
-
隔夜株式市場 世界の主要指数は金曜日に多くが下落し、最新のインフレデータが減速の兆しを示したおかげで、米株3大指数は大幅に回復し、いずれも1%超上昇した。 金曜日に発表されたデータによると、米国の11月のPC ...
- SNT
- 前天 12:48
- 支持
- 反对
- 回复
- 收藏
-
長年にわたって、昔の消金大手の捷信消金の再編がようやく地に着いた。 天津銀行の発表によると、同行は京東傘下の2社、対外貿易信託などと捷信消金再編に参加する。再編が完了すると、京東の持ち株比率は65%に達し ...
- SNT
- 前天 12:09
- 支持
- 反对
- 回复
- 收藏
-
【GPT-5屋台で大きな問題:数億ドルを燃やした後、OpenAIは牛が吹くのが早いことを発見した】OpenAIのGPT-5プロジェクト(Orion)はすでに18カ月を超える準備をしており、関係者によると、このプロジェクトは現在進 ...
- SNT
- 5 小时前
- 支持
- 反对
- 回复
- 收藏
-
【ビットコインが飛び込む!32万人超の爆倉】データによると、過去24時間で世界には32万7000人以上の爆倉があり、爆倉の総額は10億ドルを超えた。
- 断翅小蝶腥
- 3 天前
- 支持
- 反对
- 回复
- 收藏