Personal consumption expenditure, the Fed’s preferred price gauge will be released later today but is likely to point to the Fed remaining hawkish. Tim Mulholland, President of TJM Limited tells us if this will result in a hard landing for US economy. We also ask him why the diverging performance between Nasdaq and the S&P500.

Image credit: Shutterstock

Produced by: Michael Gong

Presented by: Wong Shou Ning, Philip See, Shazana Mokhtar

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

Categories:  markets

Tags:  us federal reserve,  nasdaq 100,  s&p500,