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Donald Trump is good for emerging markets: Mark Mobius

Updated : December 13, 2016 01:23 PM IST
Mark Mobius at Templeton Emerging Markets says that Donald Trump is looking to cut deals and that a strong US economy will be good for EMs.

The US economy will be powering ahead as a result of Donald Trump, says Mobius. This is good for the whole world, he said, adding that the biggest market is the US, which bodes well for emerging markets. Until now the Asian countries are dependent on China, and if the US economy gets going, that will act as a counter balance, he said.

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