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

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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.

 

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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 »