‘Probably the last rally’: Jim Rogers just warned about getting too excited over the market’s recent bump — here are the shockproof assets he likes best right now The stock market has been pummeled, and many investors are wondering when things will turn green again. According to legendary investor Jim Rogers, there is hope on the horizon — but perhaps not for long. “We had huge pessimism because of inflation and other things,” he tells ET NOW. “Now it looks like inflation and… Source link
Read More »US is only a few days away from an ‘absolute explosion’ on inflation — here are 3 shockproof sectors to help protect your portfolio
U.S. consumer prices rose 8.6% in May from a year ago, marking the biggest increase since December 1981. But according to pollster and GOP political strategist Frank Luntz, things are about to get a lot worse. “We are 13 days away from an absolute explosion on inflation,” Luntz told CNBC last week, referring to the upcoming 4th of July weekend. He explains that Independence Day, Thanksgiving, and Christmas are three holidays where Americans hit the road and “buy more food than any other… Source link
Read More »Jeremy Grantham warns the S&P 500 will ‘likely’ plunge another 40% minimum — here are 3 shockproof stocks in his portfolio to help limit the pain
Jeremy Grantham warns the S&P 500 will ‘likely’ plunge another 40% minimum — here are 3 shockproof stocks in his portfolio to help limit the pain With stocks pulling back substantially from earlier highs, some say that the market could reach a bottom soon. But according to legendary investor Jeremy Grantham, that’s not going to be the case. In a recent interview with CNBC, Grantham predicts that the market tumble is far from being done. “The other day, we were down 19.9% on the S&P… Source link
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