Money in the Market: Are US stocks in a bubble, a bear market rally, or a bull market?

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

Wall Street indexes ended last week in the red, after a mixed jobs report. There was something for every bull and bear in Friday’s data, but markets are still clinging to hopes that the Fed is close to wrapping up its hiking cycle. But despite that the S&P 500 erased gains. So is the rally in the S&P 500 now reversing? To find how Asian markets are faring to start off the week in response to this, on Money in the Market, Hongbin Jeong speaks to Wong Kok Hoong, Head of Equity Sales Trading, Maybank Securities. Highlights: 00:56 - What's moving markets this week?01:48 - Is Fitch Rating's downgrade on US credit still affecting markets?03:30 - Do investors largely believe last month's US Fed hike is the last one?04:50 - Is the S&P 500 set to erase all the gains made earlier this year?06:00 - Is the US stock market in a bubble?See omnystudio.com/listener for privacy information.