Jim Rodgers has been bearish on the stock market since the 1980s and how well has that prediction worked out? The stock market has been a tremendous engine for wealth accumulation over that time. People who constantly predict economic collapse are tiresome, and it's very much a case of the boy who cried wolf. Jim Rodgers isn't the worst of them, but because there are so many of them, his predictions can mostly be lumped in with them. The bearish sentiment on the stock market has to be viewed as a black mark, even though his own fund handily outperformed. Outperforming something doesn't make the other thing a bad investment. The stock market has been an excellent investment since the 1980s.
Damn!!! If that thing is true I think he will be right in the upcoming year or so, I mean almost 40 years and counting and still waiting for a bear market it would be anytime now, with the right mix of bad president and a new recession will hit, I think he will finally get it right forty plus years in the making. Hahaha but jokes aside, I think he got the wrong idea of investing, as he is more happy on a bull market rather than be happy to the "upcoming bear market", for serious investors we all know that real money is made in the bear market as this is when the saying goes "be greedy when others are fearful" come into play. With the "predicted" bear market coming I think it is better to take advantage of the cheap stock prices rather than be part of the panic.
But before we even come to that are there any real signs that a bear market is coming? or are there any real signs that a recession might even begin? Because what I am seeing is good, unemployment is not that big to make a crash and those who are unemployed have now found ways to make money online from blogging in Youtube to trading crypto which we can consider that they are earning something even if they are unemployed. Big companies as well as government projects are providing jobs to their locals. Looking at how money flow inside the pocket's people makes you think if there will be a bear market soon.