Jim Rogers Warns US Stock Investors "Be Careful... You're In A Fool's Paradise" | Zero Hedge:
"It is only a matter of time before the US stock market runs into devastating problems due to the Fed QE program", Jim Rogers warned during an interview on CNBC Singapore, adding that the prevalance of similar stimulative programs around the world merely exacerbates the probability and size of a fall.
His simple message to US investors - "Be Careful."
On US Equities:
"We may well have had a big, big rally in the U.S. stock market, but it's not based on reality.
I would encourage investors to know you're in a fool's paradise, be careful, and when people start singing praises, say, 'I've been to this party before, and I know know it's time to leave.'""
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