Jim Rogers Expects ‘Worst Bear Market in My Lifetime’ in Coming Years

[AngryCanadian]

Jim Rogers Expects ‘Worst Bear Market in My Lifetime’ in Coming Years

Its rather an interesting one the Soros Co Founder mentions in one of his quotes that people would eventually take the bus and boats again no mention of airlines.
His last point is very interesting. We are looking at life is not such that we are all going to take the bus and take boats again. The artlice points out with this quote is how people would behave differently after the virus no mentions of the airline industry expect with the quote at some point after the crisis is over we would be taking the bus and boats.

What are your thoughts on this?


Soros Co Founder Prediction After SARS CoV2.
Jim Rogers Expects ‘Worst Bear Market in My Lifetime’ in Coming Years

He noted companies with a strong market share also tend to emerge relatively unscathed, unless they are highly leveraged. For now, he has “a lot of cash” in U.S. dollars, some Chinese and Russian stocks, and he is considering investing in Japanese equities. The executive said he’s waiting to snap up shares in some of the most beaten-down sectors such as tourism, transportation, airlines and agriculture in China and globally.

“The Chinese economy is opening again, people are going back to work. Factories, restaurants are opening again,” he said. “I am looking at life, and life is not such that we are all going to take the bus and take boats again.”