Mark Mobius criticized Brexit and the UK in remarks at an event in New York, the Financial Times wrote.
"The UK is like an emerging market now," Mobius said at an event in New York, the FT wrote."Their balance of payments is terrible; their government debt is terrible; their fiscal debt is terrible.""Up to now, the UK is riding on the coat-tails of the EU, in the sense that [the UK] can have very low interest rates," said Mobius, who is also an alum of Franklin Templeton in New York.
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Before we joined the common market in 1974 Britain was prosperous, Britain joined for job prosperity, all we get was doom & gloom with mass unemployment The unions misinformed the workers, to hold out for high wages, to bring them in line with other EU countrys Jobs for life gone
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Emerging-Market Investors Should Fasten Their SeatbeltsSome of the forces behind last year]s emerging-market rout resurfaced this week, a sign of potential turbulence ahead. Blood bath on Monday? 😩
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
Goldman says investors are looking at the wrong bond market indicator and recession is less likelyGoldman Sachs strategists, in a note, said the yield curve has inverted, but in an unusual way, and it's not sending the same powerful recession signal it has in the past. 😂 ThanQ POTUS for giving strength to our economy and stopping the aggressive recession the Leftist Democrats are trying to produce before the 2020 election. Promises Made, Promises Kept. The same bank that’s been embroiled in scandal and fraud is telling people to ignore an indicator with a perfect history...
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
European rather than UK stocks would suffer more in a no-deal Brexit, fund manager saysThe shares of European firms outside of Britain would suffer more in the event of a poorly executed Brexit, a strategist told CNBC Tuesday. Pretty damn obvious! Brexit argument gets lost in real problem. Mass over government, EU money pit with 40000 plus bureaucrats adding to excess in Westminster. Why do we need them to excess?
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »