The latest stock market crash wasn't a fluke, and it signals more trouble coming for the economy, investor Mark Mobius says

Richard Brian/Reuters

• The recent sell-off in stocks could be a warning sign for what's coming for the economy, Mark Mobius said.
• The billionaire investor flagged the risk of recession in an interview with The Economic Times.
• Mobius said it was a good time for investors to hold around 20% of their portfolio in cash.

The stock market's steep sell-off this week wasn't a freak event, and the recent pullback could be a signal that there is more trouble ahead for the economy...