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Mark Mobius is Still Bullish on Emerging Markets

|Includes: iShares MSCI Emerging Markets ETF (EEM), FXI

I managed to get my former Morgan Stanley client on the phone, Templeton emerging market honcho Mark Mobius. This is almost impossible to do, since Mark virtually lives on his Gulfstream, jetting near and far in search of the next great undiscovered investment pick. Mark is the only guy I know who has been studying emerging markets longer than I, as long as I don’t count that time I almost got my ass shot off in Algeria in 1968. We’ve both been doing this since most of the populations in these countries were barefoot. Emerging markets are still the place to be, especially China, Thailand, Brazil, Mexico, Turkey, and South Africa, but don’t take your eye off the ball, because the volatility in these markets can be huge. China will continue to lead the global market recovery. Commodities are a buy, as are their producing stocks. You also want to own consumer stocks in countries where there are rising standards of living.  Russia took it on the nose last year, but will get bailed out by a rising price of oil, and in any case, is economically much stronger than its last crisis in 1998.  If you are going to play in this space, it is best to diversify to spread around  risks. No country has a monopoly on making money. Also be patient and invest for the long term. These markets can be tough to trade. All great advice to live by. I think you need to keep the emerging market ETF (NYSEARCA:EEM) and the China ETF (NYSEARCA:FXI) permanently on your radar.