BIDEN BAD FOR THE U.S. EQUITIES SAYS MARK MOBIUS

Highlights

• According to veteran investor Mark Mobius, a Joe Biden presidency would be negative for equities in the U.S. and positive for other markets given his plans to hike taxes on companies and wealthy Americans

• Mobius who established Mobius Capital Partners said Biden's tax increases would reduce the incentive for people to invest in Wall Street stocks

• Mobius said “The so-called....