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Correction was overdue; India more vulnerable than global peers: Jim Rogers

Interview with chairman of Rogers Holdings on global market sell-off

Jim Rogers
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Jim Rogers

Puneet Wadhwa New Delhi
The sell-off in the US equity markets – the biggest in two years – was triggered mainly by rising bond yields and spread across major global indices on Tuesday. JIM ROGERS, chairman of Rogers Holdings tells Puneet Wadhwa that the US bond market that hit bottom in 1981 and has been in a bull-run since then, is coming to an end. There will be rallies along the way, he says, but we will enter a very long bear market. Edited excerpts:

What is your interpretation of the rout we saw in global equity markets today?

The Dow Jones Industrial Average