Jim Rogers Warns of Global Impact from U.S. Market Correction
“We will have a big correction in the US market, and therefore in the world, whether it’s because of Venezuela or who knows what. A big correction is coming,” Rogers told a news agency.
Sharing his outlook on U.S. markets, Rogers also addressed the recent American military operation that led to the capture of Venezuelan President Nicolas Maduro.
Rogers argued there was no “defensible” justification for such an intervention, stating: “I find it outrageous that the US can just go around invading a country and kidnapping the president of another country. I find that absurd and dangerous. I just hope we don’t have to suffer.”
He added: “I guess Mr. Trump has a defense, but I don’t think it’s defensible. I think it’s absurd.”
Rogers emphasized that markets have been climbing since 2008 and are overdue for a correction. “We could very well have a big correction. If there is a correction, the market will blame it on Venezuela,” he said.
He recalled that the rally has been the longest in U.S. history: “So we have never had such a long rising market in US history. If it starts going down, everything will go down.”
Highlighting that nearly all asset classes have surged, Rogers warned the eventual correction would be severe. “We are in 2026. We will have a big correction in the US market, and therefore in the world,” he said.
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