China worries spread to shadow banking sector

Redmond Wong , Market Strategist from Saxo Markets on Asian Midday Market Watch today the 22th of August of July at 1pm SGT,  shared his insights on regional markets performance and commented on topics including :-

1. Jackson Hole on the back of:

a) Nick Timiraos’ ( wall street journal story) on the neutral rate of real growth which is anticipated to be a potential topic of Powell’s speech Friday.

b) the idea of ceasing interest payments on reserves.

c) We explored both these ideas and their investment implications

2.Investor worries spreading beyond Chinese property sector to the shadow banking sector in China, and investment implications

3. Shall we wait for a big stimulus from China

Guest : Redmond Wong , Market Strategist from Saxo Markets

Host : Brian Fernandez

For more on such conversations click here…