Fed: Dovish hike or hawkish hike? - Tip TV

Market Strategist Ronnie Chopra says the Fed will deliver a 25 bps rate hike and adds, “Yellen is unlikely to upset the apple cart” by sounding too hawkish. Chopra sounds cautious on equities as he says there is too much exuberance out there and says there is a possibility of a pullback.

Chopra shares his view on BP and Foxtons Group plc. “The weaker pound could see foreign investors come-in the likes of Foxtons will be major beneficiary”, says Chopra. Also discussed in the segment is - The Coe report, Investors Intelligence view on Dow, Broker Recommendation, Trade idea and Oanda forex market sentiment.

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