What Happened To The Santa Rally?
Jack Kouzi, Director For Strategy, VFS Group
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The expected Santa rally for US equities did not materialise for a second consecutive year due to largely fears of a possible hard landing. In comparison, China and HK equities appear to have performed better in 4Q driven by the slew of relaxation of Covid-19 policies. Where are markets heading in 2023 and when will it bottom? For answers we speak to Jack Kouzi, Director for Strategy, VFS Group.
Image credit: Shutterstock
Produced by: Michael Gong
Presented by: Wong Shou Ning, Chong Tjen San
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Categories: markets, international
Tags: us equity markets, china & hk markets, 2023 markets,