Asian markets are in red and not going to decouple
CEO at Tyche Group says Asian markets is not going to decouple and have plunged and are in red today from the US in the foreseeable future. He adds, within the Asian pack for you India and China are interesting markets but there is still room for them to go down.
Q: It seems like there is no end to this volatility when it comes to the Asian pack?
A: No unfortunately not. We are not going to de-couple from them in the foreseeable future, so we have got to look at what they are doing. The employment figures were poor and unfortunately the unemployment figures are really historic as well becauset we are looking at what the directors and employers were doing six months ago. I think the economy is pretty worse than the figures would suggest.
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