The global equity markets are witnessing a downtrend amid high inflation worries and fears from rising cases of the new COVID variant. The inflation is expected to increase going ahead, says Jim Rogers, Author, Street Smarts: Adventures on the Road and in the Markets. Speaking to ETNOW, Rogers said that the asset purchases across the world was leading to inflation. “When things get overpriced, inexperienced people enter leading to a bubble,” he said and believes a lot will get hurt when the bubble bursts. There's always very wild crazy moves called a blowoff towards the end of bull market, he added. Watch his views on commodity and equity markets and his outlook on emerging markets.
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