Mark Mobius Says a New Bull Market Has Begun

By on March 28, 2009

As reported on March 23rd at Bloomberg, Templeton Asset Management Ltd.’s Mark Mobius said the next “bull-market” rally has begun and there are bargains in every emerging market following a record slump in stocks.

“You have to be careful not to miss the opportunity,” said Mobius, “With all the negative news, there is a tendency to hold back.”

Emerging markets are in “better shape” than developed economies, Mobius, 72, said recently in a Bloomberg Television interview from Hong Kong.

Source:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a3FCuuTjJaUk&refer=home
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