http://noir.bloomberg.com/apps/news?pid=20601109&sid=abbzBzQb1enQ&pos=14
Mark has made some serious comments in this article.
It would be great to review them in a years time.
Extract
================
The global equities bull market will weather any halt in bond purchases by the Federal Reserve amid rising U.S. consumption and investment in emerging markets, according to Templeton Asset Management’s Mark Mobius.
“We are in a bull market and it will continue,” said Mobius
“There will be corrections along the way but these will be very temporary.
The consumer in Europe and America is back. They’re not spending like crazy but they are spending.”
“That means investors are diversifying out of U.S. Treasuries and going into global markets,” he said. “That’s been a big change, which has been beneficial for emerging markets generally.”
The best places to capitalize on the global bull market are Brazil, Russia, India and China, while in “frontier” markets including Africa, Vietnam, Bangladesh and Pakistan “there are lots of opportunities,” Mobius said.
Mark has made some serious comments in this article.
It would be great to review them in a years time.
Extract
================
The global equities bull market will weather any halt in bond purchases by the Federal Reserve amid rising U.S. consumption and investment in emerging markets, according to Templeton Asset Management’s Mark Mobius.
“We are in a bull market and it will continue,” said Mobius
“There will be corrections along the way but these will be very temporary.
The consumer in Europe and America is back. They’re not spending like crazy but they are spending.”
“That means investors are diversifying out of U.S. Treasuries and going into global markets,” he said. “That’s been a big change, which has been beneficial for emerging markets generally.”
The best places to capitalize on the global bull market are Brazil, Russia, India and China, while in “frontier” markets including Africa, Vietnam, Bangladesh and Pakistan “there are lots of opportunities,” Mobius said.
No comments:
Post a Comment