The legendary strategist doesn't "see big downside" to markets and that he thinks the economy will most likely be better off next year.
More than half of the strategists tracked by Bloomberg have raised their projections since June, when their projections were way below the market.
Mark Mobius, founder of Mobius Capital Partners, is the latest fund manager to voice his concern regarding the price action in gold.
So much cash is now invested that model adjustments are thought to be behind multiple record ETF flows. BlackRock describes the approach as "crucial."