Staying 'Cautious' as S&P Nears New Record High
Mikio Kumada, Global Strategist, LGT Capital Partners, Hong Kong
10-Aug-18 07:35
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The Nasdaq has recorded an 8-day winning streak, its longest run since October, while the S&P 500 is less than 1 percent away from a new record high.
Mikio explains what's been driving US equities of late, and shares his expectations for the upcoming US July CPI data, due at 8:30PM Friday Malaysia time.
Presented by: Melisa Idris, Tan Chung Han, Giri Balakrishnan
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Categories: Personal Finance, Investments, Financial Literacy, Business Analysis, Trends and Forecasts, Markets
Tags: S&P 500, Nasdaq, US Earnings, Geopolitics, Trade War, Economic sanctions, China, Iran, Russia, Inflation,