Veteran Investor Mark Mobius Warns Of Potential Risk To US Markets Amid Recent Volatility: '...Get Ready To Re-enter The Market'1
Veteran Investor Mark Mobius Warns Of Potential Risk To US Markets Amid Recent Volatility: '...Get Ready To Re-enter The Market'1
"Look for companies with little or no debt, moderate earnings growth, and high return on capital, and get ready to re-enter the market," Mobius advised.Esteemed investor Mark Mobius has pointed out a potential risk that could disrupt the U.S. markets, given the recent market volatility.
備受尊敬的投資者馬克·莫比烏斯指出了一個潛在風險，可能會打亂美國市場，鑑於近期市場波動。
What Happened: Mobius, the founding partner of Mobius Capital Partners, has been closely monitoring the growth of the U.S. M2 money supply. The M2 money supply, which encompasses cash held in certain deposits or other savings mediums, reached a peak of $21.722 trillion in April 2022 but fell to $21.025 trillion in June 2024, a decrease of approximately 3.21%. According to Mobius, this decline is historically significant as it represents the largest drop in over 90 years, CNBC reported on Monday.
發生了什麼：莫比烏斯是Mobius Capital Partners的創始合夥人，一直在密切關注美國M2貨幣供應的增長。 M2貨幣供應包括存放在某些存款或其他儲蓄介質中的現金，於2022年4月觸及21.722萬億美元的峯值，但於2024年6月下降至21.025萬億美元，降幅約爲3.21％。據CNBC週一報道稱，莫比烏斯表示，這種下降在歷史上具有重要意義，因爲它代表了90多年來最大的下降。
Mobius voiced his concerns that if the M2 money supply continues to fall and fails to keep up with economic growth, there could be a reduction in capital available for discretionary spending. This has been a key driver of the current economic expansion and bull market on Wall Street.
莫比烏斯提出了他的擔憂，即如果M2貨幣供應繼續下降，並未跟上經濟增長，可能會減少可用於自由支配支出的資本。這是當前經濟擴張和牛市在華爾街的一個重要動力。
"Look for companies with little or no debt, moderate earnings growth, and high return on capital, and get ready to re-enter the market," Mobius advised.
「尋找負債少或沒有的公司、溫和的盈利增長和高資本回報率的公司，並準備重新進入市場，」莫比烏斯建議道。
Despite the risks, Mobius still sees potential in tech stocks, particularly those in the semiconductor industry. He thinks that companies like TSMC (NYSE:TSM), United Micro (NYSE:UMC), and others will continue to thrive due to increasing global demand and the rise of AI. However, he cautioned that companies with weak balance sheets, low or no earnings growth, and high debt could face significant challenges.
儘管存在風險，莫比烏斯仍然看好技術股，特別是半導體行業的股票。他認爲，像TSMC（NYSE:TSM）、聯電（NYSE:UMC）等公司將由於全球需求增加和人工智能的崛起而繼續蓬勃發展。但他警告稱，資產負債表薄弱、盈利增長低或沒有、負債率高的公司可能會面臨重大挑戰。
Why It Matters: This warning comes after a period of optimism in the U.S. markets. The S&P 500 and Nasdaq 100 had extended their winning streak to eight consecutive sessions, as traders remained optimistic about the U.S. economic outlook and improving financial conditions.
爲什麼重要：此預警是在美國市場樂觀情緒期之後發出的。標普500指數和納斯達克100指數各自延長了連續八個交易日的獲勝記錄，交易員仍對美國經濟前景和改善的財務狀況保持樂觀。
However, Mobius had previously predicted further economic struggles following a stock market crash, attributing it to rising global geopolitical tensions and the upcoming U.S. presidential election. Additionally, concerns have been raised about the government printing too much money, which could result in inflation.
然而，莫比烏斯此前曾預測，股市崩盤後會出現進一步的經濟困難，歸因於全球地緣政治緊張局勢的持續加劇和即將到來的美國總統選舉。此外，人們也對政府過度印製貨幣引起的通貨膨脹問題提出了擔憂。
Price Action: The SPDR S&P 500 ETF Trust (NYSE:SPY) which tracks the S&P 500 closed at $559.61 while Invesco QQQ Trust, Series 1(NASDAQ:QQQ) closed at $481.27, according to Benzinga Pro.
價格行動：SPDR標普500 ETF信託基金（NYSE：SPY），跟蹤標普500指數，收於559.61美元，而英富逸QQQ信託基金，第1系列（NASDAQ：QQQ），根據Benzinga Pro總結收於481.27美元。
- Elon Musk Is The Richest Person In The World — How Much Does He Pay Employees At Tesla, SpaceX And X?
- 埃隆·馬斯克是世界上最富有的人——他在特斯拉、spacex和X公司爲員工支付多少薪水？
Image via Shutterstock
圖片來自shutterstock。
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
本報道使用Benzinga Neuro生成，並由Pooja Rajkumari編輯
譯文內容由第三人軟體翻譯。