China is too big to fail - Tip TV
“China is too big to fail”, says Tip TV’s Zak Mir, while discussing commentary from Investors Chronicle on whopping jump in Chinese imports in February. He adds further, “we don’t want China to fail as it would have disastrous knock-on effects on the world economy”.
Presenter Jenny Hammond and Zak Mir also shed light on Softbank’s decision sell part of the newly acquired British chip maker Arm to its Saudi-backed investment fund.
Also discussed in the segment is - Trade idea, Oanda forex market sentiment, Gold & S&P500 view technical view from Investors Intelligence/Coe report and Broker Recommendations.
Will HSBC drop as suggested by the bearish price-RSI divergence on the weekly chart? - Watch Mir discuss the outlook for HSBC.
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