In the latest CGTN report, our Chief Strategist, Jimmy Zhu, shared key insights on the outlook of the global markets in the second half of the year, including:
✅ The Fed preparing to inform the market on some of the quantitative easing (QE) tapering plans in the next six months, based on the U.S. economic data in the past six months.
✅ The Fed might withdraw its stimulus plan that was conducted last year, as U.S. unemployment has declined to 5.8 percent, lowest since late 2014.
✅ The various benefits of tightening now.
✅ China's ability to handle the inflation, in spite of its challenges.
✅ Financial markets being well prepared for the potential upcoming Fed tightening cycle, limiting Fed policy's impact.
Read the full report!