Rogers: Recovery Only In 4th Or 5th Inning

Top fund manager John W. Rogers Jr. says he thinks we are “only in the fourth or fifth inning of this recovery,” and he expects the stock market to do “exceedingly well” in President Obama’s second term. Rogers also tells The Wall Street Journal’s “Markets Hub” that he thinks the President’s stance on the debt ceiling is a good one. “We shouldn’t be playing Russian roulette with our economy,” he said. Rogers says one risk he sees for the market a few years out would be rising interest rates.

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