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.
