Founder of Mobius Capital Partners LLP and author of almost twenty books on finance, he asked to pay special attention to companies from China since at the moment they are safe compared to those from the United States, Europe and even Russia, which will receive significant sanctions. , according to what President Joe Biden remarked.
“China will probably be in a pretty good position, given the fact that it’s not as exposed to the situation in Europe,” he claimed.
Mobius considered, then, that the Asian country “It will be a safe haven, because they will continue to produce, they will continue to grow” and maintained that the Asian economy will cut its interest rates.
He also advised investing in gold because he analyzed that “it will continue to grow” and repeated a suggestion he had made some time ago: portfolios should have at least 10% of this metal.
The legendary guru continued with his recommendations for these convulsive times due to the advancement of the orders of Russian President Vladimir Putin in Kiev, the Ukrainian capital, and included cryptocurrencies.
“With all the cryptocurrencies, we are seeing an incredible avalanche of currencies around the world,” he declared and completed: “And of course, that means devaluation of currencies, and that means inflation and higher prices of raw materials.”
“It’s going to be very important that people choose stocks, being very careful given the fact that interest rates are going up,” he pointed.
Source: Ambito
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