Mobius: The next financial crisis on its way

[tsptalk]

[h=1]The next financial crisis will be hellish, and it’s on its way[/h]"There is definitely going to be another financial crisis around the corner," says hedge fund legend Mark Mobius, "because we haven't solved any of the things that caused the previous crisis."

"We're raising our alert status for the next financial crisis."

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[alevin]

The next financial crisis will be hellish, and it’s on its way

"There is definitely going to be another financial crisis around the corner," says hedge fund legend Mark Mobius, "because we haven't solved any of the things that caused the previous crisis."

"We're raising our alert status for the next financial crisis."

More

thanks for posting, tom. that article was written by Addison Wiggin. I've been reading Addison for over a year now.

 

[Birchtree]

Allow me to take the other side of fear mongering.

http://theguruinvestor.com/2011/11/15/mobius-not-worried-about-europe-high-on-commodities/

 

[alevin]

Allow me to take the other side of fear mongering.

http://theguruinvestor.com/2011/11/15/mobius-not-worried-about-europe-high-on-commodities/

may be true, Birch, but the I fund is hugely impacted by Europe, S fund impacted by reduced availability of credit for small biz credit, C fund impacted pretty directly by the big financials, if they go down. F fund? don'tthink I want to be there either. emerging markets and commodities, where do they fit into the index funds we have to work with?

 

[Birchtree]

If the euro continues to weaken exports for European companies will increase and so will profits - it's time to engage the I fund as a hold.

 

[Warrenlm]

Just wondering here...what if Israel attacks Iranian nuclear facilities. Saudis warning not to, Russians warning not to, USG warning not to, certainly the season for it but wrong year........internal Israeli voices breaking silence....perhaps the Israeli government is finally getting serious and recognizing they are all alone in the world on this...publicly...and will do it. Anyone watching fleet rotations and extensions in the area? Hmmmm, will that hurry up the Canadian pipeline to Texas refineries? Or will we be rationing electric vehicles with EPA chits?

 

[Birchtree]

Let's hope you're not prescient - but if it happens the market would rally - war is usually good for business.