Jim Rogers was on CNBC earlier this week, sharing his thoughts and outlook on Q2 Earnings, the Euro, the future of BP, and more.
Some of my quick notes are here, with the 7-minute video below:
- He says don’t worry about Q2 earnings – that’s history. Looking ahead, he’s skeptical that the good earnings news will continue without the aid of stimulus. Plus the favorable Y-O-Y comparisons will dry up as well.
- The European stress test was a “total waste” Jim said. “All PR and nothing else.” Haha!
- He refers to CNBC as a “PR agengy” that wishes stock prices higher!
If you’re a contrary minded investor like Jim, you’ll probably enjoy our free daily email newsletter, where we publish a daily recap of contrarian investing news and ideas. We dig through the clutter of financial stories to bring you stories and insights you typically won’t find in the mainstream (mindless) press. You can sign up for this great (and free) resource here.
Recent Comments