we have mark mobius. >>> and the raise of spacs helped public offerings surge in 2021 but post i.p.o.ons leaving question marks for the year ahead >>> it's monday, december 27th, 2021, you're watching "worldwide exchange" here on cnbc halfway through the hour, welcome back i'm seema mody in for brian sullivan here's a look at how stock futures are looking halfway through the hour we are higher with the dow jones up 19, nasdaq higher by around 41 points. this after stocks closed at another record high on thursday. get this, there is currently no sector of the s&p 500 that is more than 10% away from its 52-week high let's look at energy and the oil trade. sort of mixed action right now, wti crude has been trading lower, whereas brent crude, they're both trading lower now, wti down by 1.4% a quick check on europe. london is closed for the holiday, but the german dax, italy, spain, france, they're all open and trading in positive territory. watching what's a tough year for emerging markets the i shares eem which is on track to end the year flat lower compared to the s&p 500's nearly 28% g

joining me capital partner mark mobius. it is great to have you this weekend. been investing all across the world are you seeing inflation an issue across the world as much so in the united states right now. >> no question it's in all these countries, all the countries are pumping money into the economy. it is no question that there's a concern about inflation but now with the new variant several banks are reluctant to raise interest rates, that's the big question. maria: i thought it was surprising when the numbers came out on friday morning the markets rallied in the face of the 39 year hyperinflation. the yield on the ten year dropping below 1.5%. what you make of the reaction and the federal reserve which is happening in the upcoming week. >> i think the market is number one and if you look at this is amazing the way it's gonna. as i said everyone's afraid of the new variant and they don't want to put a damper on the markets. they will be reluctant to do so, industry and russia they have been raising rates almost consistently but it remains to be seen what