US Market - NZ Market - China

Devon Funds Head of Retail Greg Smith talks to ZB’s Mike Hosking about the overwhelmingly positive reaction of US stock markets to the election result and why things might be about to get ‘spicy’ at the Fed. He also looks at how the Kiwi market reacted, along with two interesting updates from the retail sector, and outlines why markets were disappointed by China’s US$1.4 trillion stimulus package. For more market insights and our terms and conditions, visit www.devonfunds.co.nz