Tuesday, February 23, 2016

15 to 20 percent annual corrections are part of a healthy market

The world is going to have problems. In America that used to be the main market, it has not got a serious stock market set back in the past 6-7 years. That is very unusual. Normally, market corrects 15-20 per cent every year or so. We haven’t had corrections like that because of the artificial money printing by the central bank. We are going to have a big problem next time we have a setback and it is coming in 2016-2017.

Jim Rogers

Warren Buffett

Nouriel Roubini