Risk On, Says the FED
Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
16-Jun-20 07:00
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The Federal Reserve started buying corporate bonds which caused US markets to end the day on a positive note. Joe Quinlan, Chief Market Strategist at US Trust-BOA Private Wealth Management tells us what is the significance of their action. He also weighs in on what is the best investment strategy to adopt despite what appears to be a risk on mode for markets.
Produced by: Michael Gong
Presented by: Wong Shou Ning, Lyn Mak
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Categories: Business Analysis, Trends and Forecasts, Markets, Personal Finance, Investments, Financial Literacy, Young Finance, Politics, Social Issues
Tags: US, Federal Reserve, China, oil, unemployment, EU, tourism, corporate bonds,