From Newsmax:

Don't let the stock market's 30 percent-plus rally over the last six weeks fool you, says superstar investor Jim Rogers.

Equity prices are overvalued, he says.

"I'm not buying shares," Rogers told CNBC. "The bottom will probably come later this year, next year, who knows when."

And why should stocks drop? Because governments have "flooded the world with money," he says.

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