Dead Cat Bounce Or A Real Rally?
Brian Arcese, Portfolio Manager & Equity Analyst, Foord Asset Management
11-Nov-22 07:00
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The US released better than expected inflation figures of 7.7% thus causing markets to rally but is this sustainable? Brian Arcese, Portfolio Manager & Equity Analyst of Foord Asset Management answers that question. We also ponder if the new headwind is the earnings compression and if that has been priced in yet.
Image credit: Shutterstock
Produced by: Michael Gong
Presented by: Wong Shou Ning, Chong Tjen San, Philip See
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Categories: markets, economy, international
Tags: earnings compression, us inflation, equity markets, headwinds,