Bloomberg Interview with Mark Mobius

Bloomberg had an interview with Mark Mobius, managing director of Templeton Asset Management, on Aug. 28, 2007. Mobius talked about the global economy, U.S. subprime mortgage slump, China, Singapore, Egypt and Dubai market etc.

  • We're pretty bullish. Markets are probably going to surge ahead to new highs barring any other unforeseen circumstances.
  • The Fed has been doing the right thing. The U.S. economy will continue to power along as a result.
  • I can't think of any market where we've been paring down because money continues to flow into the funds.
Here is direct link - Mobius Buys Stocks, Says Global Economy Is 'Healthy'.
Or you can watch directly below. (About 18 minutes)

*Related link - Mobius slams US regulators.

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