Investment guru Mr Jim Rogers is sceptical on emerging markets right now.
India should be one of the great commodity sellers in the world. He has sold out of all emerging markets except China. At the moment, it's still an interest-sensitive and technology game. Mr Rogers feels that markets are unlikely to retest highs. Pie bakers focus on making the economic pie larger so that the whole country moves forward. If an emerging market is well managed and it has a lot of commodities, they might do well.
Investment guru Mr Jim Rogers is sceptical on emerging markets right now. Robert LenznerSteven Drobny reveals insights from the hedge fund all-stars. There are no major oil discoveries anywhere in the world for over 35 years.
He says that it is time to be very cautious on emerging markets. You have everything going for you; large population, large commodity market and you are beginning to develop normalised and formal commodity markets. There are no estimates available for the first quarter.