Rogers: Bail on the dollar and equities
Not to go all bearish on you here, but I do think it is significant that a number of market pros are coming out of hiding and predicting some major turmoil. The latest in this group is Jim Rogers. He thinks we are about to have a serious currency crisis, with the U.S. dollar tanking and equities right along with it. Since I am a long-term dollar bear and I see quantitative easing as inflationary, I like where his head is at!
If you want the cautiously optimistic scenario, try Laszlo Birinyi, who was also on Bloomberg.