Investfair 2013 - Panel Discussion - Market Outlook held on 3 August 2013 at Suntec City Monday, 5 August, 2013 6:51 AM
Posted by Kevin Scully
...Posted by Kevin Scully
I was a panel member in the above Panel Discussion organised by ShareInvestor over the weekend. The moderator of the session was NMP Nicholas Fang with other panel members being Gabriel Yap, Kathy Lien, Dr Alexander Elder myself.
Kathy Lien is an economist/currency strategist - she kicked off discussions with a good macro view which included the all important Fed Tapering.
My summary of her views is that the Fed will commence Tapering this September 2013 and not December 2013. She sees 10 year US Treasuries which now have yields of 2.5% rising to at least 3% by mid 2014 when QE3 is supposed to end. Because of this, she remains bullish on the US$.
Dr Elder and myself were ...