Templeton Asset Management’s Mark Mobius says he thinks the emerging market trouble that has seeped into the U.S. market a bit will be temporary, and will provide significant buying opportunities. Mobius tells CNBC that there’s “no good reason” for the EM declines, which appear to be the result of fears that money will flow out of EMs as the Federal Reserve tapers its quantitative easing program. He notes that emerging market central banks’ balance sheets in general remain far better than those of the U.S. and other developed markets. He does say that balance sheets of American corporations are very strong, and he expects to see a pick-up in U.S. capital spending, which he thinks will benefit emerging markets.