Credit Suisse comes under scrutiny

David Kuo, from The Smart Investor shared his thoughts on the following topics on Biztech’s Asian Midday Market Watch:

• Credit Suisse is the latest bank that is caught in the crisis of confidence in the banking sector. David weighs in on the conversation especially about the US banking sector and the stress brought about by rapid rate hikes by the Fed.
• Which way will the Fed move now? Will it hike or cut rates at the next meeting?
• Mark Zuckerberg says employees who work in person are more productive. Isn’t this completely the opposite of what he is trying to do with the metaverse?

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Presenter: Brian Fernandez