Investor Jitters As Soft Landing Recedes
12 mins
·
07:00, 5 Aug 2024
·
Recommended
Guest: Yeap Jun Rong (Market Strategist), IG International
The July non-farm payrolls signalled a weaker US labour market than anticipated, triggering a massive sell off of US equities on Friday. In just a few days, market narrative has flipped from a soft landing to looming recession. Are investors overreacting? Yeap Jun Rong of IG International weighs in on these developments.
Image Credit: shutterstock.com
Presenter: Shazana Mokhtar, Philip See
Producer: Shazana Mokhtar
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