Mark Mobius, George Soros on India's Economy, Equities, Copper (Videos)

MarkMobius (Twitter)
Mark Mobius, executive chairman of the Templeton Emerging Market Group, and George Soros, founder of Soros Fund Management, were featured on India's ET Now (The Economic Times) a few days ago. Watch the videos after the jump. As expected, Mr. Mobius said he is bullish on emerging markets and inflation hedges, and favors India's natural resources, copper, equities (which adjust to inflation), Indian small-cap stocks, information technology and banks. "The trend will continue to be up for commodities, in Dollar terms", he said.

When asked to give his big global prediction, Mr. Mobius said, "volatility will increase" and "the perception of emerging markets is changing to become more positive; it's becoming an important asset class for investors, and that's a sea change. Ten years ago it was considered to be a very risky arena." He made sure to mention that corrective mechanisms still exist (regarding Central Banks tightening).
George Soros via Wikimedia

George Soros mentioned how the developing world is doing exceptionally well compared to the developed world ("which is sinking"), and India is one of the beneficiaries. "India is actually unusual because its growth is mainly domestically generated, so it is less exposed to the global situation; less exposed but still exposed."

"(India) is not growing as fast as China, but perhaps it is not as exposed to overheating as China is; so India is relatively very well situated"

"Mark Mobius bullish on Indian natural resources"


See part 1:

"India's worth in global economy has increased: George Soros"


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