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A summary of my interview on Channel News Asia’s Prime Time Morning today at 8.10am
By Kevin Scully-Financial Blog  •  February 7, 2014
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

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 ...

...
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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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