Monika Rosen Philipp: US stock market after Fed and trade disputes: "there are better opportunities in other parts of the world"
Mrs. Mag. Monika Rosen-Philipp (Head of PB Research) interviewed by Sebastian Leben B.A.
The Federal Reserve raised US interest rates last night. That was expected. More important is the outlook. Some say, Federal Reserve Chairman Jerome Powell signales policy continuity with his predecessor, Janet Yellen. "The message was a little bit mixed." What impact does the trade disputes have to the stock market? "Market participants are holding their fire." The US markets have recovered well since in early February, especially the Nasdaq. Now suddenly there was a pullback. Driven by Facebook. Is there a weaker time coming for the Facebooks and Google and Amazons? What does Monika Rosen Philipp think about the US stock market? "There are better opportunities in other parts of the world."
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