Fed gave with one hand and took back with the other

David Kuo, Founder of The Smart Investor Singapore shared the following insights on Asian Midday Market Watch:

• The Fed interest-rate decision and how It gave with one hand and took back with the other.
• China’s retail sales and industrial output grow less than expected. It has cut its medium-term lending facility. Additionally the country’s youth unemployment rose to a record of 20.8% in May. Can China achieve its GDP target of 5% this year?
• New Zealand enters a technical recession. Could that be a warning for other economies in the world?

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Presenter: Brian Fernandez