Asset Management

Mark Mobius warns markets will go ‘haywire’ again if Trump loses US election

Veteran investor says emotions on both sides of the presidential race are ‘running much higher than ever before’

The contest is too close to call, but how would  markets react to another Trump term?
The contest is too close to call, but how would markets react to another Trump term? Photo: Chip Somodevilla/Getty Images

Veteran investor Mark Mobius says US markets could go “haywire” if Donald Trump loses his bid for the White House, repeating a warning he issued ahead of the last presidential race.

“Unlike 2020, we are now more in a contentious situation where there have been two assassination attempts on Trump,” Mobius told Financial News. “Therefore it is quite possible that markets could go haywire in the case of a Trump loss, since emotions on both sides are running much higher than ever before.”

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