Lots of differing opinions out there .
https://www.investing.com/news/economy/asia-stocks-set-to-fall-on-feds-dour-outlook-2198551
NEW YORK (Reuters) - Asian stocks were set to fall on Thursday after gloomy economic projections from the U.S. Federal Reserve sent the greenback and most Wall Street shares lower.
Fed officials at their policy meeting on Wednesday said U.S. gross domestic product is expected to decline 6.5% this year. They also flagged the need to keep the key interest rate near zero through at least 2022.
"The Fed is basically saying they're going to keep the system solvent and at the macro level there's no room for failures but at the micro level there'd be some businesses that won't survive," said Jamie Cox, Managing Partner at Harris Financial Group.
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$5.56 |
Change
0.030(0.54%) |
Mkt cap ! $4.025B |
Open | High | Low | Value | Volume |
$5.50 | $5.61 | $5.49 | $7.155M | 1.289M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6277 | $5.54 |
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Price($) | Vol. | No. |
---|---|---|
$5.57 | 11611 | 5 |
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No. | Vol. | Price($) |
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1 | 3438 | 5.520 |
2 | 2700 | 5.500 |
1 | 3000 | 5.490 |
2 | 6000 | 5.480 |
2 | 4049 | 5.470 |
Price($) | Vol. | No. |
---|---|---|
5.580 | 1000 | 1 |
5.610 | 1553 | 1 |
5.630 | 5000 | 1 |
5.650 | 220 | 2 |
5.660 | 4000 | 1 |
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