A summary of my interview on Channel News Asia's Prime Time Morning today at 8.10am Friday, 7 February, 2014 9:32 AM
Posted by Kevin Scully
...Posted by Kevin Scully
I had one of my regular Channel News Asia interviews on Prime Time Morning today at about 8.10am. I was asked about 9 questions and thought I would share these with those who missed the interview and maybe elaborate a little more given that I am not constrained by time.
Question 1: US stocks battle back overnight, do you see room for further falls ?
The US markets had a good run in 2013 with gains of about 30%. A 10% correction is not unreasonable and would allow the market a base to consolidate.
Question 2: Is Wall Street at risk of big correction this year ?
Wall Street was down about 5% before last night’s rebound ...