‘Worst recession of my lifetime’: Jim Rogers issues stark warning on US economy

The recent stock market slump in the US has raised concerns about President Donald Trump's economic policies such as tariffs, immigration crackdowns and federal budget cuts. Will these policies eventually benefit the market and investors?

This seems unlikely, said Jim Rogers, a renowned global investor, author and commodities guru. Rogers has already sold US stocks and his money is going to the US dollar, which has been strengthening.Is the US economy headed for a recession? A recession happens when an economy’s GDP contracts for two consecutive quarters. A recent SBI Research report says that the long term US GDP growth shows a declining trend.

Concerns have risen about the economic outlook of the US pos ..