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US Stocks To Edge Lower After Thanksgiving As Investors Await Data: Analyst Expects A Santa Rally Thanks To 'Goldilocks Foundation' For Big Tech And Tesla Going Into 2025
Monday, December 2, 2024 - 7:48am | 1813U.S. stock futures slid and Dollar Index rose in the premarket trading on Monday. This week the global economy and markets will be dominated by data and remarks from central bankers. The Dollar Index strengthened over 0.5% and was hovering around the 106.27 level. Expectations of a further 25 basis...
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Mark Mobius Advocates For Big Tech Investments In Emerging Markets: 'That's Where The Growth Will Be'
Saturday, November 30, 2024 - 5:08am | 560Veteran investor Mark Mobius has highlighted U.S. tech firms with ties to emerging markets as prime investment opportunities for the upcoming year. What Happened: In an interview with CNBC, Mobius, chairman of the Mobius Emerging Opportunities Fund, emphasized the potential of...
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US Stocks Likely To Open Higher, Extending Post-Election Rally: Fed's Rate Decision On Investors' Radar As Expert Highlights Markets Scaling 48 All-Time Highs This Year
Thursday, November 7, 2024 - 7:45am | 1453U.S. stocks could open in the green on Thursday after a strong post-election rally on Wednesday that saw former President Donald Trump emerge victorious after a long-drawn battle with Joe Biden and Kamala Harris. Futures of all three major indices edged up on Thursday, pointing to positive...
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Dow, Nasdaq Futures Race Higher As Trump Wins White House: DJT, Tesla Shares Surge — Veteran Investor Predicts US Economy Could 'Take Off'
Wednesday, November 6, 2024 - 7:46am | 1544U.S. stocks could witness a strong opening on Wednesday after former President Donald Trump emerged victorious after a long-drawn battle with Joe Biden and Kamala Harris. With Trump returning as the U.S. President, futures of all three major indices were strongly in the green on Wednesday, pointing...
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Veteran Investor Mark Mobius Warns Of Potential Risk To US Markets Amid Recent Volatility: '...Get Ready To Re-enter The Market'
Tuesday, August 20, 2024 - 3:38am | 619Esteemed investor Mark Mobius has pointed out a potential risk that could disrupt the U.S. markets, given the recent market volatility. What Happened: Mobius, the founding partner of Mobius Capital Partners, has been closely monitoring the growth of the U.S. M2 money supply. The M2 money supply,...
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Mark Mobius Predicts Further Economic Struggles Following Stock Market Crash: 'This Is A Real Problem'
Sunday, August 11, 2024 - 11:00am | 581The recent stock market crash is not an isolated incident and could be a harbinger of further economic distress, warns billionaire investor Mark Mobius. What Happened: Mobius, CEO of Mobius Capital Partners, believes that Monday’s global stock rout, which saw the S&P 500 record its worst...
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Emerging Markets Guru Says 'Time To Go Shopping For Hidden Gems At A Steal' As He Sees Opportunities In Bruised Chinese, Hong Kong Stocks
Wednesday, February 14, 2024 - 4:45am | 1035Emerging markets fund manager Mark Mobius on Friday offered his take on the underperforming Chinese and Hong Kong markets and potential investment opportunities. Turning The Corner? People have now begun comparing the Chinese and Hong Kong markets with India, which has seen a huge run-up, and see...
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Mark Mobius Advises Cutting Back On Chinese Consumer Stocks For This Sector Amid Xi Jinping's Boost: 'But The Problem Now Is...'
Monday, September 25, 2023 - 5:31am | 712Emerging markets guru and fund manager Mark Mobius weighed in on the supportive measures China is mulling to prop up its economy, private companies, and the stock market. China’s Tech Focus: “It appears that China wants to have more and more investment, but with a very, very specific...
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Billionaire Investor Mark Mobius Puts All His Money Outside US: 'I'm All International And Emerging Markets'
Saturday, July 29, 2023 - 8:00am | 436Billionaire investor Mark Mobius is so bullish on emerging markets, particularly in Asia, that he has no investments in the U.S., Business Insider India reports. Emerging Markets Focus “I’m all international and emerging markets in particular,” the founder of Mobius Capital...
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What Mark Mobius Is Betting Big On As US-China Rivalry Heats Up: 'Number One Category In Our Portfolio'
Thursday, March 9, 2023 - 8:41am | 417Emerging markets expert Mark Mobius reportedly said he is betting big on semiconductor shares as the U.S. and China hike investments in the sector. Chipmakers are "the number one category we have in our portfolio," Mobius told Bloomberg Television. The companies associated with the sector are going...
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Mark Mobius Says China May Ease COVID-Zero Policy By Year-End — But Has This Worry For Private Sector
Friday, October 28, 2022 - 2:05am | 439Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, has said that China is likely to ease its Covid Zero policy by the end of 2022 as its economy is struggling and the government needs money “badly,” reported Bloomberg. “I don’t think Covid is an...
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Mark Mobius Says Interest Rates May Shoot Up To 9% If Inflation Persists — Has This Warning For Commodity Investors
Monday, October 17, 2022 - 9:14pm | 449Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, has reportedly warned that if inflation continues to persist, interest rates may have to be raised to 9%. “If inflation is 8%, the playbook says you’ve got to raise rates higher than...
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Are There Opportunities In Emerging Markets, Metaverse Or Crypto Right Now? What Legendary Investor Mark Mobius Thinks
Wednesday, August 3, 2022 - 2:13am | 646Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, is not piqued by the metaverse but thinks the companies that are creating it could be an interesting opportunity. He also had a lot to say on other topics such as cryptocurrency and recession. What Happened:...
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Mark Mobius Says Sri Lanka's 'Painful Path To Recovery' Has An End But 'Complete Change In Leadership' Essential
Monday, July 18, 2022 - 6:53am | 369Entangled in its worst economic crisis ever, Sri Lanka has seen mass protests around the country. Some experts believe that the road to recovery for the island nation is painful, but "it has an end." What Happened: The turmoil in the country is the product of years of political corruption...
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Veteran Investor Thinks Bitcoin Provides Good Cues For Stock Market Bottom
Thursday, June 23, 2022 - 7:00am | 377Bitcoin (CRYPTO: BTC) and other cryptocurrencies could be a good indicator of investor sentiment, according to Mark Mobius, co-founder of Mobius Capital Partners. What Happened: Mobius, who was with Franklin Templeton Investments for more than 30 years, said,...