Economic Calendar

Wednesday, November 12, 2008

Global Markets Have Yet to `Bottom' After Rout, Jim Rogers Says

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By Kyung Bok Cho

Nov. 12 (Bloomberg) -- The rout in global markets will continue while Western world share prices will be ``range- bound'' for ``years'' to come, investor Jim Rogers said.

Markets have yet to ``bottom'' while bond markets will be ``terrible'' for the next decade, Rogers, chairman of Singapore- based Rogers Holdings, said at a conference in Seoul today. Economic ``problems'' may persist until 2010, he said.

To contact the reporter for this story: Kyung Bok Cho in Seoul at kcho7@bloomberg.net




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