Is it time to get out of US stocks? This is what Mark Mobius the chairman of Templeton Asset Management. He thinks that the US economic recovery is still at a nascent stage putting US stocks at risk.
Investors should rotate out of the U.S. markets into better-performing emerging markets, says veteran investor Mark Mobius, warning that corporate earnings in world’s number one economy are poised to disappoint.
This is what Mark Mobius thinks. But does the market really care what you think? What do you do when your economic assessments are telling you to do one thing, but the market is doing another? Is it best to follow your assessments of what the market should be doing, or is it best to respect what the market is doing?
There are many experts who believe that US stocks are still a value play. Investors thinking of fleeing American stocks should stay put, market watchers said Tuesday.