Free Republic

Emerging markets fund manager Mark Mobius doesn’t think there will be a trade war if Donald Trump is elected president. Trump’s positions on trade—including raising tariffs on Chinese imported goods—have raised concerns that we could end up in an all out trade war between the US and China. Speaking at the SALT Conference in Las Vegas on Friday, Mobius, the executive chairman of Templeton Emerging Market Group, said it won’t come to that. He thinks Trump will get deals done. “When people ask me, I say, ‘I don’t like what he says, but I like the way he says it,”...

In an almost verbatim repeat of Carl Icahn's words of caution which we noted yesterday, Templeton's legendary chairman Mark Mobius said that "another financial crisis is inevitable because the causes of the previous one haven’t been resolved" ... at the Foreign Correspondents’ Club of Japan in Tokyo... "There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis,” Mobius said at the Foreign Correspondents’ Club of Japan in Tokyo today in response to a question about price swings...nothing in the structure of capital markets has changed,...