“Downturn In Stock Markets Can’t Be Equated With High-Interest Rates,” Says Mark Mobius

Mark Mobius, a veteran emerging-markets investor and co-founder of Mobius Capital Partners spoke to Udayan Mukherjee, Global Business Editor, Business Today TV. He said that high-interest rates did not necessarily imply a downturn in the stock market. The stock market was doing pretty well even with the high-interest rates. There is no question that the Fed got much higher which could have more pain ahead. Provided that CPI stays at this level and even higher.