The markets will not like a disputed U.S. election outcome, said Mark Mobius, a veteran investor and founding partner of Mobius Capital Partners.
Mobius said a Trump win is more "favorable" to markets because the president has promised further tax cuts, while Democrats want to raise taxes on businesses and rich people. "That's a real issue and a real problem," Mobius, founding partner of Mobius Capital Partners, told CNBC'sin response to a question on the implications of a disputed election, in which the eventual winner is not finalized until weeks or months after the Nov. 3 vote.
And then the markets will recover when the results are final.
EndsSARS EndBadGovernanceinNIGERIA EndSWAT ReformNigeria
It’s literally going to be contested
He is just out to save his own skin. Multiple studies have shown a blue wave as favorable to the market. A failed tradewar, unemployment potentially rising due to a failed Pandemic reply...yes Trump will contest the election. It won't kill the market. Everyone knows it already.
Who is this old Chinese auntie?
Oh no. What will I do when my complete lack of a portfolio tanks? 🙄🙄🙄
IAmSophiaNelson The only person contesting is Trump 😡
Worse fall if Biden wins.
🥱🙄
I love it ! He’s ALWAYS wrong !! Bet the other way folks
What will the average citizen do about their millions in stocks tho!
wow
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