Sunday, March 1, 2015

Fed could cause stock market bubble

If the stock market goes down — say, you pick the number, 13 percent....  23 percent, everyone will be screaming, and Mrs Janet Yellen and her friends will say, 'Oh, we're sorry, we didn't mean to hurt you,' and they will loosen up again. One way or the other, the markets will heave a sigh of relief, have a big rally, maybe even turn into a bubble, at which point I hope I'm smart enough to try to short stocks in the US.

Jim Rogers

Warren Buffett

Nouriel Roubini