Our Chief Strategist, Jimmy Zhu, went LIVE on CNA938 Radio this morning to share his thoughts on the recent stock market situation. He covered:
- Big tech businesses' stocks have risen.
- The Consumer Confidence Index is unstable, and smaller regional banks may tighten credit in the second half of the year.
- The Fed may raise rates by 25 basis points at its next meeting to combat inflation.
- The US economy could experience a downturn if credit lines become tighter.