- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Markets have not hit the ‘absolute bottom’ yet - Mark Mobius
Markets have not hit the ‘absolute bottom’ yet - Mark Mobius
CNBC reports that markets probably have not hit the "absolute bottom" yet, said veteran emerging markets investor Mark Mobius, who urged investors to keep cash on hand for buying opportunities.
"I don't think we're at the absolute bottom yet because the implications of this shutdown are incredible," Mobius, the founding partner of Mobius Capital Partners, said. He added that "things are pretty bad" from the perspective of corporate earnings.
Earnings season is set to kick off Tuesday with JPMorgan Chase, Wells Fargo and Johnson & Johnson reporting numbers. The first batch of results will give investors a sense of how devastating the hit to corporations could be from the pandemic.
Analysts expect S&P 500 earnings growth to decline 10.2% in the first quarter year-over-year, according to Refinitiv.
Markets have, meanwhile, been volatile in the past month as the number of coronavirus cases and fatalities in the U.S. spiked sharply. Since the S&P 500′s all-time high on February 19, it's down almost 19%.
The question on investors' minds have been whether markets have reached a bottom. But Mobius urged people to keep more cash on hand in case another bottom occurs.
"Although there are some opportunities to buy, I would say it's probably a good idea to keep some powder dry for another downturn. We might see a double bottom," he said.
Mobius also suggested that the damage from a protracted shutdown would be "incredible," and called for the economy to open up again "in some way."
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
