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Jimmy Zhu LIVE On CGTN 15 June 2023

Written by Fullerton Research | Jun 19, 2023 6:23:04 AM

In his exclusive CGTN Live report yesterday, our Chief Strategist, Jimmy Zhu, shared his views on the latest stock market situations, including:

- The Fed has paused interest rate increases to analyse the impact before making further decisions.

- Concerns about liquidity and a potential credit crunch in the banking sector due to the US debt ceiling issue.

- The stock market struggles due to the current slowdown in the US economy.

- The Fed is expected to continue tightening monetary policy.