Business > Tech

Legendary investor Mark Mobius warns that stocks still have further to fall as the Fed hikes interest rates

1 month ago   |   By Business Insider

Investing legend Mark Mobius has warned that stocks haven't hit the bottom yet, with Federal Reserve rate hikes set to drive a further sell-off. Richard Brian/Reuters
Mark Mobius believes that there's further pain ahead for investors as interest rates rise.
Tech stocks will struggle in particular as their cash flow dries up, the investing legend added.
"We are already in a bear market but the endgame requires complete surrender on the part of investors," Mobius said.
Stocks will fall further as the Federal Reserve's interest rate hiking cycle continues, according to emerging-markets...
Read more ...

 


Search by Tags

   Tech      Market      Cycling      Markets      MI Exclusive      Mark Mobius      Stock Market Analysis      Stock Market Outlook      Stock Market Strategy      Investing Analysis      Investing Outlook      Investing Strategy      Bear Market  


Ex-CIA officer says Putin is 'completely cornered' and the chances of him...

Russian President Vladimir Putin, right, and Russian Defense Minister Sergei Shoigu attend the launch of the construction of new nuclear submarines and other warships via video... Read more ...

Cooling Sun Belt markets lead canceled home contracts

More deals for homes are getting left out to dry in the Sun Belt than anywhere else in the United States. Some of the pandemic's hottest housing markets counted the highest... Read more ...

New poll signals Americans are growing tired of supporting Ukraine as the...

Ukrainian troops fire with surface-to-surface rockets MLRS towards Russian positions at a front line in the eastern Ukrainian region of Donbas on June 7, 2022. Aris... Read more ...

Former MoviePass executives sued by the SEC for making 'false or misleading...

Mitch Lowe and Ted Farnsworth. Getty / Dave Kotinsky / Stringer The SEC is suing former MoviePass executives Mitch Lowe and Ted Farnsworth. The suit claims they made "false and... Read more ...

Christian Wood Will Come Off The Bench For Dallas Mavericks During Contract...

"not really worried about who starts the game and more so concerned about who's finishing the game," Wood said. Read more ...

Meta Says It Disabled Extensive Russian Propaganda Operation

The efforts began in May and involved impersonating European news organizations, with articles that supported Kremlin viewpoints about the war in Ukraine. Read more ...

Wall Street opens higher a day after Dow entered bear market

NEW YORK - Stocks are opening solidly higher on Wall Street a day after the Dow Jones Industrial Average followed other major U.S. indexes in entering a bear market. The Dow... Read more ...

Commentary: Why the market vetoed the U.K.'s budget-and what it means for...

The U.K. economy is experiencing the worst of both U.S. and Eurozone problems, says BCG's global chief economist Philipp Carlsson-Szlezak. Read more ...

Japan can help ease Europe's energy crisis by restarting more nuclear power...

International Energy Agency Executive Director Fatih Birol. Anadolu Agency/Getty Images Re-starting nuclear power plants in Japan could help ease Europe's energy crisis... Read more ...

NBA And Microsoft Are Streaming Together In A Landmark Project For Both

It was time to rethink the National Basketball Association's digital strategy so the league is partnering with Microsoft on a revamped mobile app and a live-steaming service. Read more ...