09.02.2016 - Sovereign wealth fund selling a major concern: Credit Suisse
While sovereign wealth fund selling continues to be a major concern, US corporate earnings are not really helping investor sentiment either, says Robert Parker of Credit Suisse Asset Management. Against this backdrop and the US non-farm payrolls data published on Friday, he sees another one or two moves by the US Federal Reserve this year. The US economy added 151,000 jobs in January, against economists' expectations of a gain of 190,000. The unemployment rate, however, fell to 4.9 percent from 5 percent...............................................Full Article: Source
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