Tuesday, February 12, 2013

Long-term bull market in stocks? Perhaps not: Jim Rogers

Stellar gains in equity markets do not necessarily signal the start of a long-term bull trend, billionaire investor Jim Rogers told CNBC's "The Kudlow Report," adding that the rally in stocks is just the result of ultra-easy monetary policy by the world's major central banks.

"I am short bonds, but I'm not sure there is going to be a long-term bull market in stocks. There is a lot of money printing," Rogers said. "So this (the rally) is artificial."

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