The US dollar continues to appreciate with the Fed's hawkish stance while the UK pound has depreciated sharply over the impending tax cuts. We ask Song Seng Wun, Economist at CIMB Private Banking if we are indeed in a recession and facing an prolonged bear market.

Produced by: Michael Gong

Presented by: Shazana Mokhtar, Wong Shou Ning

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  markets,  economy,  international,  investments

Tags:  us dollar,  federal reserve,  uk pound,  economic recession,  bear market,