Inflation. You can jump up and down, screaming that the fed has to raise rates and Start Talking about the november or the december meetings. Or you can just get on with your life darn it and start buying the stocks in companies that do have growth. Either way were now past the big bad event and that almost always brings in buyers which is what happened today. The dow rallied 164 points. S p gained 1. 09 be ands nasdaq kpliemed 1. 03 . I say you got to say to yourself, how come im not upset about the feds decision to do nothing . Because like janet yellen, i see little infrags and low growth on the horizon, which means raising rates would be kind of a stupid idea. Why does the fed need to tighten with inflation tamed and retail sales weak, manufacturing turning more negative . Whats the point . To appease the critics . To make it so the commentators that come on tv and predict stay rate hike look smarter . To say, who cares, lets tighten . Party down, tighten . The fed is not on autopi
Su Shan Tan, Group Head of Institutional Bank at DBS, speaks with Global Finance’s Joseph Giarraputo about DBS’s sustainability strategy, innovat.