Mobius: Concept of Islamic Finance Is Sound

The video discusses Templeton's investments in Islamic banking, highlighting $1.2 billion in Sukuk. It explores the potential of emerging markets, noting growth in India and China, and possible improvements in Brazil and Russia. The impact of US rate rises on these markets is analyzed, with a focus on currency shifts and investment trends. Finally, the video predicts minimal movement from the US Federal Reserve regarding interest rates.

What impact do you think US interest rate rises have had on emerging markets?

What is your perspective on the future actions of the Fed regarding interest rates?