Spending Cuts For Spain, More Stimulus From China
from Market Watch Hosted by BFM Media
Mikio Kumada, global strategist at LGT Capital Management in Singapore. He discusses his thoughts on Spain's newly revealed crisis budget and if it will be enougth to shrink the country's budget deficit. He also touched on his thoughts on how China will address the imbalances in its economy and if the People's Bank of China (PBOC) will move to boost the economy by further cutting interest rates or required reserve ratios. And as we approach the 4th quarter, Mikio looks back on the overall market performance in the third quarter, and listen in to find out his strategy going forward. shrink the budget deficit.
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