China's not the only emerging market that Mark Mobius likes right now

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

New for subscribers: China's not the only emerging market that Mark Mobius likes right now. Check out CNBCPro today.

Emerging markets may have seen some of the worst outbreaks of Covid-19 globally, but veteran investor Mark Mobius is optimistic that those economies will outperform their developed peers.

Mobius, founding partner of Mobius Capital Partners, said emerging economies will on average grow twice as quickly as developed economies this year. And that bodes well for stocks, he said. "By and large, these countries have pretty much ignored the lockdowns that had been in effect in many parts of the world," he said during"That I think meant that the economies of these countries kept on running despite the pandemic," he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro

Pro Outer space is a good emerging market too! I like my $VACQ!!! OHHHHHHHH!!!

Pro Just sell yourself to the Devil!

Pro Is it possible to find a good guy on Twitter?

Pro Thank God for bringing bitcoin to man,it has being a great source of blessing to all of man kind who have passion for bitcoin trading. Now the poor are getting rich over night and the rich getting richer. kellybrian_ thank you for your proper management🙏🏻🙏🏻 .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Veteran investor Mark Mobius says the market could face a major correction if bitcoin prices crash'I hope and pray that the bitcoin prices do not crash because if they do, I think we are going to see a major market correction,' Mobius told CNBC. Can we go somewhere today? We have negative on Oil last year and we now have negative interest on T-Bills today. Bitcoin and Digibyte have never gone negative $btc $dgb Yes, but on the other hand, as bitcoin is a postmodern ponzi, designed to be an asset bubble, and pushed by finance like hell, with a marketing around being a store of value against inflation , what you could see is
Source: BusinessInsider - 🏆 729. / 51 Read more »