In his exclusive CGTN Live report yesterday, our Chief Strategist, Jimmy Zhu, shared his views on the latest stock market situations, including:
- The Fed has paused interest rate increases to analyse the impact before making further decisions.
- Concerns about liquidity and a potential credit crunch in the banking sector due to the US debt ceiling issue.
- The stock market struggles due to the current slowdown in the US economy.
- The Fed is expected to continue tightening monetary policy.