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‘Can’t they read in Washington?’: Jim Rogers sells off US stock, warns the Fed can’t ‘save us.’ How to protect yourself
Yahoo Finance· 2025-12-10 12:49
Core Viewpoint - The U.S. stock market, despite its historical performance, faces skepticism from investment experts like Jim Rogers, who has sold all his U.S. stocks due to concerns about the current economic environment and national debt levels [2][3]. Group 1: Economic Concerns - The U.S. national debt has reached $38.3 trillion, making the country the largest debtor nation in history, raising alarms about fiscal responsibility [3]. - Rogers emphasizes that the Federal Reserve's ability to manage the economy is limited, suggesting that their interventions often exacerbate issues rather than resolve them [3]. Group 2: Investment Strategies - Both Jim Rogers and Goldman Sachs CEO David Solomon advise caution in the stock market, predicting a potential drawdown of 10% to 20% in equity markets within the next 12 to 24 months [4]. - Rogers advocates for investing in precious metals like gold and silver, viewing them as reliable hedges against inflation and not subject to unlimited printing by central banks [5].