dow jones: One thing he says could get in the way of a second term is that the media's anti-Trump sentiment is overwhelming and is poised to keep building during the election, according to Market Watch. I'm a little concerned about this, he said. If Trump loses, then it'll be another game...I think the markets then will go haywire because they've been depending on Trump policies to keep on pushing the market up and also higher growth rate in the U.S.' Mobius, however, told CNBC on Thursday he believes it's unlikely Trump will be a one-term president, considering his pro-business policies have helped support a stock market that's already seen gains of more than 30% for both the S&P 500 SPX, -0.73% and the Dow Jones Industrial Average DJIA, -0.37% since the beginning of 2017. Read Mark Mobius says U.S.-China trade fight turning more strategic and critical' Regardless, Mobius says that, going forward, it'll be difficult to find worthwhile investment opportunities in major developed markets. So, emerging markets have an opportunity here not only because of the rate cut but because their companies are paying pretty good yields. China and India account for around 40% of his portfolio, with the rest spread across Brazil, Turkey, South Korea, Taiwan and Southeast Asia, he told CNBC. The search for yield is the name of the game, he said.
(news.financializer.com). As
reported in the news.
Tagged under dow jones, anti-trump sentiment topics.