Don’t fall over the fiscal cliff

Investors shouldn’t be worried about the US fiscal cliff … it could present good opportunities.

PORTFOLIO POINT: Any fall over the US fiscal cliff, if it happens, will be softened by the expiry of tax cuts, reduced savings rates, and minimal cuts in government spending.

Jim Rogers, the renowned investor who with George Soros established the Quantum Fund back in the 1970s, captures the concerns of many global investors when he suggests the US is headed toward an unavoidable recession.

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