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Legendary investor Mark Mobius warns that stocks still have further to fall as the Fed hikes interest rates

1 month ago   |   By Business Insider

Investing legend Mark Mobius has warned that stocks haven't hit the bottom yet, with Federal Reserve rate hikes set to drive a further sell-off. Richard Brian/Reuters
Mark Mobius believes that there's further pain ahead for investors as interest rates rise.
Tech stocks will struggle in particular as their cash flow dries up, the investing legend added.
"We are already in a bear market but the endgame requires complete surrender on the part of investors," Mobius said.
Stocks will fall further as the Federal Reserve's interest rate hiking cycle continues, according to emerging-markets...
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