BFM 89.9
The Business Station
US Market Rally Just A Dead Cat Bounce?
10 mins
·
07:00, 14 Nov 2022
·
Recommended
Guest: Clifford Bennett, Chief Economist, ACY Securities
Markets have reacted positively to the lower inflation print in October. But is this sustainable given its just one data point and inflation is still a far cry from the Fed's target of 2%. Does this also mean that the USD has peaked and investors should also be looking at other Asian currencies? For answers, we speak to Clifford Bennett, Chief Economist, ACY Securities.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Chong Tjen San, Philip See
Producer: Michael Gong
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