"Father of Emerging Markets": Gold Has Lost Its Appeal, and the Rise in China's Stock Market Is Sustainable

Mark Mobius, a veteran American investor known as the 'Father of Emerging Markets,' recently stated that gold is no longer attractive after experiencing a historic rally. He noted that he might consider purchasing the metal if its price falls 20% from current levels. He also mentioned that the rise in China's stock market appears sustainable due to the progress China has made in the technology sector.

cls.cnJan 17 09:52

Cathie Wood's 2026 Outlook: The U.S. economy is like a compressed spring ready to rebound; it will take several years for an AI bubble to emerge; gold prices are showing extreme signals.

On January 15 Eastern Time, ARK Invest, led by Cathie Wood, released a report on its official website titled '2026 Macro and Technology Investment Outlook.' The core points are as follows. Current State and Prospects of the U.S. Economy: The U.S. economy is experiencing a 'rolling recession,' with pressures in housing, manufacturing, and non-AI capital expenditures. However, like a 'compressed spring,' it is expected to rebound strongly in the coming years. Deregulation, tax cuts, declining inflation, and falling interest rates will drive an economic reversal. Inflation and Productivity: Inflation may fall to low levels or even turn negative due to factors such as falling oil prices, declining housing prices, and increased productivity. The integration of technologies such as AI, robotics, and blockchain could push annual productivity growth to 4%-6%, reducing unit labor costs and potentially leading to deflationary effects. Wave of Technology Investment: AI is driving capital expenditure to historical highs,

ARK InvestJan 17 04:30

Global Commodities Roundup: Market Talk

WSJJan 17 01:15

Express News | Trump hopes Hassett will remain in his current position.

BreakingsJan 16 23:37

Express News | Christopher Hui Ching-yu, Secretary for Financial Services and the Treasury of Hong Kong: The target is to expand external precious metal storage capacity to 2,000 tons within three years.

BreakingsJan 16 11:31

Express News | The U.S. state of West Virginia is proposing to allow the state treasury to invest up to 10% of its funds in precious metals and digital assets with a market capitalization exceeding $750 billion.

BreakingsJan 16 09:02