An Outrageous Prediction

“We are at the base building period for the next bull market. What I see happening is perhaps this continuing till the end of the year, and then a break out.”

That’s what Mark Mobius, who manages $20 billion for Templeton Asset Management and who was recognized as one of the “Ten Best Investors of the 20^th Century,” told investors a few weeks ago.

An outrageous prediction, right?

Well, it is and it isn’t. Here's what Mobius is seeing that most of the market has just passed right over.