S&P climbs on hot air
- 5 years ago
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The US government has been shut down. The risk of a debt default looms. Simon Derrick, chief forex strategist at BNY Mellon, explains to John Authers that Washington's political dysfunction could be the trigger for investors to realise that climbing US stock markets are no longer supported by international fund flows.
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The US government has been shut down. The risk of a debt default looms. Simon Derrick, chief forex strategist at BNY Mellon, explains to John Authers that Washington's political dysfunction could be the trigger for investors to realise that climbing US stock markets are no longer supported by international fund flows.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes