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☆ The latest stock market crash wasn't a fluke, and it signals more trouble coming for the economy, investor Mark Mobius says
▼ + stars: | 2024-08-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The recent sell-off in stocks could be a warning sign for what's coming for the economy, Mark Mobius said. If you look at the money supply growth in America, it is very low now," he said. We have more problems in the US and, that will affect the global situation unless the money supply is increased much more than it is now." Disruptions in the stock market are usually the signal "before the actual economic effects are seen," he added. A full-fledged bear market is unlikely, Bank of America said, as the market isn't flashing technical signals that would suggest a peak in stock prices.

Persons: Mark Mobius, Mobius, —, Monday's, Stocks Organizations: Economic, Service, Mobius Capital, Bank of Japan, Economic Times, Fed, Bank of America Locations: Japan, America

☆ Dollarization will provide an 'incredible boost' to Argentina's economy, veteran emerging-markets investor says
▼ + stars: | 2023-11-22 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

A plan by Argentina's president-elect to dollarize the economy won the backing of Mark Mobius. The veteran emerging-market investor said the currency shift would be an "incredible boost" for the economy. The comments from the veteran emerging-market investor come after Javier Milei won Argentina's presidency over the weekend, bringing his dollarization plans a step closer to reality. Dollarization critics have warned that a sudden currency switch could trigger a recession, citing a shortage of dollar reserves at Argentina's central bank. AdvertisementMobius also warned that the current condition of Argentina's economy has made investing there difficult.

Persons: Mark Mobius, —, Javier Milei, Milei, Mobius, Milei's, it's Organizations: Service, Bloomberg, Argentina's, Mobius, Federal Reserve Locations: Argentina, Argentina's

☆ I'm generally pretty bullish despite high interest rates, says veteran investor Mark Mobius
▼ + stars: | 2023-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm generally pretty bullish despite high interest rates, says veteran investor Mark MobiusMark Mobius, veteran investor and Mobius Capital Partners founding partner, joins 'Squawk Box' to discuss the Fed's inflation right, interest rate path outlook, global investment landscape, the case for emerging markets, and more.

Persons: Mark Mobius Mark Mobius Organizations: Mobius Capital Partners

☆ Veteran EM investor Mark Mobius reveals the 2 tech giants that are key to any portfolio
▼ + stars: | 2023-10-02 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Veteran emerging markets investor Mark Mobius has named Alibaba and Tencent as key stocks in any portfolio investing in developing economies. Mobius said the Chinese technology giants "could be the foundation of any portfolio" despite recent volatility. Mobius is known for his long-term conviction picks of smaller companies, but stressed the resilience of the two Chinese tech titans. The fund manager said he likes the agility and profitability of smaller tech companies in the region but acknowledged geopolitical risks. So these companies are really very interesting companies," Mobius added.

Persons: Mark Mobius, Mobius, Alibaba, BABA, Franklin Templeton, they're, CNBC's, James Lee, Mizuho, It's Organizations: NYSE, Mobius Capital Partners, Hong, Investment, Mizuho Securities, Franklin, Taiwan Semi, Nvidia, AMD, Fund, Zilltek Technology Locations: Hong Kong, China, Taiwan, Beijing, TSMC, California

☆ Here is how to de-risk while invest in the long-term trends in China
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere is a smart way to de-risk while invest in the long-term trends in ChinaCarlos von Hardenberg of Mobius Capital Partners says while there is a lot of conflicting information and views on China, the Chinese economy is still very significant for global economy and has potential.

Persons: China Carlos von Hardenberg Organizations: Mobius Capital Partners Locations: China

☆ Mark Mobius says India's Adani group of companies has 'a lot of leverage'
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMark Mobius says India's Adani group of companies has 'a lot of leverage'The recent issues besetting India's Adani group of companies are "overblown," said Mark Mobius, founder of Mobius Capital Partners and an emerging markets investment specialist.

Persons: Mobius, Mark Mobius Organizations: Mobius Capital Partners

☆ China's emphasis will change from real estate to tech, says Mark Mobius
▼ + stars: | 2023-08-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's emphasis will change from real estate to tech, says Mark MobiusMark Mobius, Mobius Capital Partners founding partner, joins 'Squawk on the Street' to discuss Mobius' perspective on investing in China, which sectors have investing opportunities, and much more.

Persons: Mark Mobius Mark Organizations: Mobius Capital Partners Locations: China

☆ Mark Mobius says investors will diversify away from U.S. and into equities after Fitch downgrade
▼ + stars: | 2023-08-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMark Mobius says investors will diversify away from U.S. and into equities after Fitch downgradeMark Mobius, founding partner of Mobius Capital Partners, discusses Fitch Ratings downgrading the United States’ long-term foreign currency issuer default rating to AA+ from AAA.

Persons: Mobius, Mark Mobius Organizations: Fitch, Mobius Capital Partners, AAA Locations: U.S, States

☆ U.S. debt downgrade sinks global markets — but economists are not concerned
▼ + stars: | 2023-08-02 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States' long-term credit rating — but top economists say there is nothing to worry about. U.S. stock futures were sharply lower after the downgrade, pointing to a fall of almost 300 points for the Dow Jones Industrial Average at the Wednesday open on Wall Street. Current Treasury Secretary Janet Yellen described the downgrade as "outdated." Phillips said the downgrade "should have little direct impact on financial markets as it is unlikely there are major holders of Treasury securities who would be forced to sell based on the ratings change." Harvey noted that, ahead of the 2011 S&P downgrade, stocks were in correction territory, credit spreads were widening, rates were falling, and the global financial crisis "was still in the market's collective conscience" — whereas the conditions today are "almost the opposite."

Persons: Fitch, Larry Summers, Mohamed El, Erian, Summers, Janet Yellen, Goldman Sachs, Alec Phillips, Phillips, Wells, Chris Harvey, Harvey, Mark Mobius, they've, CNBC's Organizations: United, AAA, Dow Jones, U.S ., Allianz Chief, Treasury, Wells Fargo Securities Head, Equity, CNBC, ., Mobius Capital Partners Locations: United States, London, Asia, Pacific, Wells Fargo, U.S

☆ Billionaire Mark Mobius says he's so bullish on emerging markets that all his money is outside the US
▼ + stars: | 2023-07-28 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Billionaire investor Mark Mobius confirmed all of his money is outside the US. That's because he's so bullish on emerging markets, he told CNBC. "I'm all international and emerging markets in particular," the Mobius Capital Partners founder said in an interview with CNBC on Thursday. Emerging markets could top the US in the global stock market starting in 2030, Goldman Sachs estimated. Meanwhile, the MSCI Emerging Markets exchange traded fund has risen 10% this year.

Persons: Mark Mobius, Mobius, Goldman Sachs Organizations: CNBC, Service, Privacy, Mobius Capital Partners, Companies, Shanghai HSBC Locations: Taiwan, South Korea, India, Wall, Silicon, Asia, China, Hong Kong, Korea, Shanghai

☆ Veteran investor Mark Mobius explains why he's only investing outside the U.S.
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVeteran investor Mark Mobius explains why he's only investing outside the U.S.Mark Mobius, veteran investor and founding partner of Mobius Capital Partners, joins 'Squawk Box' to discuss where he's investing his money these days, the appeal of international and emerging markets, and more.

Persons: Mark Mobius Organizations: U.S, Mobius Capital Partners

☆ After an 80% rally for bitcoin, market experts predict where it's going next in 2023
▼ + stars: | 2023-07-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Bitcoin made a stunning jump in the first half of 2023, hitting $30,000 again for the first time in months. Five market experts responded to CNBC questions via email, and three said they expect bitcoin to reach the $50,000 level by the end of 2023. That is a net annual reduction in selling of BTC 250,000 — a large number relative to bitcoin market turnover." "We previously predicted that this driver would add USD 10,000 to the bitcoin price," he added. Mobius said he expects bitcoin to climb to $40,000 by the end of 2023, citing investor "belief" in the digital coin.

Persons: Bitcoin, Carol Alexander, Geoff Kendrick, Kendrick, Antoni Trenchev, wouldn't, Mark Mobius, Tim Draper, Mobius, bitcoin, Draper didn't, —, Kevin Schmidt Organizations: BlackRock, CNBC Pro, CNBC, Sussex University, SEC, British, Chartered, Standard Chartered, BTC, Federal Reserve, Mobius Capital Partners, Draper Associates, Trust, Fidelity, U.S . Securities, Exchange Commission Locations: Terra, Binance

☆ Billionaire Ray Dalio hails India as the next big investing opportunity, saying its economy is on the verge of a China-style rapid surge
▼ + stars: | 2023-06-23 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Ray Dalio praised India's economic potential Thursday after meeting with the country's prime minister Narendra Modi. The Asian country is "at the brink of the fastest growth rates and biggest transformations in the world," the billionaire investor said. Tesla CEO Elon Musk also met Modi this week, pledging to ramp up the EV maker's presence in India. Legendary investor Mark Mobius also said he was bullish on investing in India – which logged strong GDP growth of 7.2% last year – this week. Read more: Legendary emerging markets investor Mark Mobius — who's known for his bullish views on China — is now setting his sights on India

Persons: Ray Dalio, Narendra Modi, Elon Musk, Modi, —, Dalio, Deng Xiaoping, Mark Mobius, Mobius Organizations: Service, Bridgewater Associates, Twitter, Mobius Capital Partners, Bloomberg Locations: India, Washington, Beijing, China

☆ Legendary emerging markets investor Mark Mobius — who's known for his bullish views on China — is now setting his sights on India
▼ + stars: | 2023-06-21 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Legendary emerging markets investor Mark Mobius is bullish on India. He told Bloomberg that India — whose GDP growth hit 7.2% in the last year — is the "real future." "To me, India is the real future," Mobius, the cofounder of Mobius Capital Partners, told Bloomberg on Tuesday. Mobius told the news outlet he wasn't put off by a short-seller report targeting the Adani conglomerate earlier this year. "I was at the Expo in Dubai and one of the boy bands was entertaining and it's an Arab audience and they all knew the words," Mobius told Bloomberg.

Persons: Mark Mobius, He's, —, China, Mobius, wasn't, he's wasn't Organizations: Bloomberg, India, Service, Mobius Capital Partners, Fox Business, HSBC, South China Morning Post Locations: India, Korea, China, Taiwan, Beijing, Shanghai, Dubai

☆ Chinese investors will be back once the country's property and debt problems are resolved, Mark Mobius says
▼ + stars: | 2023-06-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Chinese investor participation will revitalize the country's market, Mark Mobius said. "Going forward, it'll be the Chinese investors who will revive the Chinese market, because at the end of the day, it's not foreign investors who drive the Chinese market. It's the Chinese investors," the Mobius Capital Partners co-founder said. As the economy has disappointed, even investors in China are bailing on Chinese markets and shifting their money overseas. Because remember, the Chinese look at property as an investment — as a very key investment, a much bigger thing than in other parts of the world," Mobius said.

Persons: Mark Mobius, —, it'll, it's, Mobius Organizations: Bloomberg, Service, Mobius Capital Partners Locations: China, Beijing

☆ Here's where Mark Mobius is looking to invest outside the U.S.
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's where Mark Mobius is looking to invest outside the U.S.Mark Mobius, founder of Mobius Capital Partners, discusses which emerging markets look most appealing. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

☆ Buffett's Japanese stock purchases could indicate a bigger plan, says Mobius Capital's Mark Mobius
▼ + stars: | 2023-04-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBuffett's Japanese stock purchases could indicate a bigger plan, says Mobius Capital's Mark MobiusMark Mobius, founding partner at Mobius Capital Partners, joins 'The Exchange' to discuss Warren Buffett increasing his stake in five Japaneses companies, and finding value overseas.

☆ Fed's Kashkari says stress in banking sector brings the U.S. closer to recession
▼ + stars: | 2023-03-27 | by ( Jihye Lee | ) www.cnbc.com time to read: +3 min

"What's unclear for us is how much of these banking stresses are leading to a widespread credit crunch. And then that credit crunch, just as you said, would then slow down the economy," Minneapolis Fed President Neel Kashkari said in an interview with CBS' Face The Nation. "What's unclear for us is how much of these banking stresses are leading to a widespread credit crunch. And then that credit crunch, just as you said, would then slow down the economy," he said. "But right now, it's unclear how much of an imprint these banking stresses are going to have on the economy.

☆ There's no question the Fed will continue raising interest rates, Mark Mobius says
▼ + stars: | 2023-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's no question the Fed will continue raising interest rates, Mark Mobius saysMark Mobius of Mobius Capital Partners says U.S. money supply has gone down, but not much.

☆ If the Fed keeps raising rates, you're going to have a lot of banks in trouble: Mark Mobius
▼ + stars: | 2023-03-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf the Fed keeps raising rates, you're going to have a lot of banks in trouble: Mark MobiusMark Mobius, Mobius Capital founding partner, joins 'Squawk Box' to discuss Mobius' chief concerns with the global economy, what could happen if the Federal Reserve raises rates and where Mobius is moving his money.

☆ Mark Mobius says most of his investments are in Taiwan after complaining he can't get his money out of China
▼ + stars: | 2023-03-09 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Mark Mobius is betting big on Taiwan, after warning against putting money into China. "Taiwan is now our largest allocation," the billionaire investor told Bloomberg TV. Mobius' focus on Taiwan is spurred by his bullish outlook on the semiconductor industry. Of course, it's Taiwan, a province of China," Mobius said. "The tech industry is number one for us, particularly anything related to semiconductors," Mobius told Bloomberg TV, describing chips as the top category in his portfolio.

☆ HSBC China says it's unaware of remittance curbs after Mobius' claims
▼ + stars: | 2023-03-07 | by ( ) www.reuters.com time to read: +2 min

HSBC China made the statement in response to Reuters' questions regarding Mark Mobius' claims that he could not remit his money out of China from his account with HSBC in Shanghai due to China's capital controls. Mobius, founder of Mobius Capital Partners, told FOX Business last week that he faced all kinds of barriers in the process, including requirements to show records from 20 years of how he made the money. HSBC China declined to comment on individual client circumstances but said: "As common practices in many countries commercial banks conduct businesses under operational procedures and control requirements for processing transactions appropriately." The Chinese forex regulator added it will urge commercial banks to optimise cross-border financial services and improve quality of service. Reporting by Shanghai newsroom; Editing by Christopher Cushing and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Mark Mobius: Investor says he cannot get his money out of China
▼ + stars: | 2023-03-06 | by ( ) edition.cnn.com time to read: +1 min

Mark Mobius has said he cannot take his money out of China due to the country’s capital controls, cautioning investors to be “very, very careful” about investing in an economy under a tight government grip. The government is restricting flow of money out of the country,” Mobius, founder of Mobius Capital Partners, told FOX Business in an interview published on March 2. They don’t say: No, you can’t get your money out. Mobius led emerging market investment at Franklin Templeton Investments for three decades and is known for his bullish view on China. Mobius and HSBC could not be reached at the weekend.

☆ Billionaire investor Mark Mobius says he cannot take money out of China -FOX Business
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, March 5 (Reuters) - Billionaire investor Mark Mobius told FOX Business he cannot take his money out of China due to the country's capital controls, cautioning investors to be "very, very careful" about investing in an economy under a tight government grip. I can't take my money out. The government is restricting flow of money out of the country," Mobius, founder of Mobius Capital Partners, told FOX Business in an interview published on March 2. Mobius led emerging market investment at Franklin Templeton Investments for three decades and is known for his bullish view on China. Mobius, who calls himself "the Indiana Jones of Emerging Market investing", told FOX Business he's increasing exposure to alternative markets such as India and Brazil.

☆ 'I can't get my money out': Billionaire investor Mark Mobius says China is restricting flows of capital out of the country
▼ + stars: | 2023-03-03 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Emerging markets investing veteran Mark Mobius says China is restricting capital outflows. Mobius said he's been unable to get an explanation about the "crazy" restriction. The government is restricting the flow of money out of the country," Mobius said on Thursday on the Fox Business show "Mornings with Maria". "So I would be very, very careful investing in China," the founder of Mobius Capital Partners said. The previous executive chairman of Templeton Emerging Markets Group said he's been able to get his money "in and out" of the financial center.

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