# Mark Mobius predicts a bullish rally for the Thai stock market

- Link: https://www.thailand-business-news.com/markets/163937-mark-mobius-predicts-a-bullish-rally-for-the-thai-stock-market
- Published: 2024-09-23T08:12:00+07:00
- Author: Abhishek Prakash

**The Federal Reserve’s 50 basis points interest rate cut benefits emerging markets,
attracting capital inflows. Mark Mobius sees investment opportunities in India, 
Taiwan, South Korea, Indonesia, and Thailand.**

## Fed Rate Cut Boosts Emerging Markets

The Federal Reserve’s decision to lower interest rates by 50 basis points is positive
news for emerging markets, says Mark Mobius, founder of Mobius Capital Partners 
LLP. Speaking with CNBC, Mobius noted that the anticipation of such a move was evident
in the recent Thai Baht’s 9% surge and the appreciation of other emerging market
currencies.

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## Investment Opportunities Beyond the US

Lower US interest rates typically lead to increased capital inflows into higher-
yielding emerging markets, attracting investors seeking better returns. Mobius highlighted
that stock markets in emerging regions like Taiwan and India have outperformed the
US market, with further improvements expected. He also identified investment prospects
in Taiwan, Thailand, Indonesia, and South Korea while pointing out benefits for 
debt-laden nations like Mexico, Brazil, Africa, and Turkey. Mobius remains optimistic
about non-US markets, indicating a potential shift in investment capital.
