Stocks Stay Frothy as Rates Remain in "Accommodative" Mode
Vishnu Varathan, Head of Economics and Strategy, Mizuho Bank
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Vishnu Varathan, Head of Economics and Strategy, Mizuho, discussed US initial jobless claims, durable goods, and oil prices in the context of a surprise supply surge from the US. He ends with the Bank of Japan's pledge to keep interest rates extremely low and keep monetary policy "highly accommodative".
Presented by: Lyn Mak, Sharidz Abdullah, Khoo Hsu Chuang
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