US Market Rally Just A Dead Cat Bounce?
Clifford Bennett, Chief Economist, ACY Securities
14-Nov-22 07:00
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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
Produced by: Michael Gong
Presented by: Wong Shou Ning, Chong Tjen San, Philip See
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Categories: markets, economy, international
Tags: us markets, us inflation, fed reserve, us dollars, asian currencies,