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Mark Mobius: Biden-Harris win will be ‘disastrous’, Trump will boost stock market

Legendary fund manager, who set up Mobius Capital Partners in 2018, thinks the time for widespread lockdowns has come to an end

Mark Mobius
Mark Mobius Photo: Simon Dawson/Getty Images

A Joe Biden and Kamala Harris victory in the US presidential election will be “disastrous”, veteran investor Mark Mobius has warned.

Mobius, who left Franklin Templeton after more than 30 years in 2018 to set up Mobius Capital Partners, told Financial News that US President Donald Trump’s stance of lifting coronavirus lockdowns will kickstart economic recovery.

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