Key Words: Central banks ‘racing to the bottom’ means one thing, says Mark Mobius: that the stock market will do ‘very well’ [MarketWatch]
Franklin Resources, Inc. (BEN)
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Source: MarketWatch
Central banks ‘racing to the bottom’ means one thing, says Mark Mobius: that the stock market will do ‘very well’ Global central bankers are in interest-rate-cutting mode of late, as policy makers attempt to avert or at least mitigate a global recession. However, that dynamic promises to be one in which the stock market can prosper, with investments that offer dividends attracting investors, said Mark Mobius, the octogenarian investment manager who co-founded Mobius Capital Partners last year after a three-decade run at Franklin Templeton Investments. “Globally this is a really amazing situation,” Mobius told MarketWatch in a Thursday phone interview, explaining: “Interest rates [being] where they are,” he continued, “stocks begin to look much more attractive.” Mobius is a pioneer in emerging-markets investments and has previously told MarketWatch’s William Watts that clashes between the U.S. and China over trade policy were casting a cloud over global economic growth. Support from ce
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BEN
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- 1/29/24 - Beat
BEN
Sec Filings
- 4/5/24 - Form N-MFP2
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- BEN's page on the SEC website