The dominant theme of the week is the big meltdown across all asset classes as the global financial market came to terms with lower growth in all major economies. The Dow Jones crashed nearly 5% on Thursday, Asian stocks followed suit on Friday and crude and other commodities also lost.
In an exclusive interview with CNBC-TV18's Latha Venkatesh, Roger Yeoman, head of institutional equities Europe at Avendus Capital (UK) and Brenton Saunders, director of Taurus Funds Management spoke about views on the issue and how they see these asset classes panning out. Here is the edited transcript of the interview. Also watch the accompanying video. Q: The US gross domestic product (GDP) data was bad but that came in quite a few days back. Investor sentiment seems to have declined more after the debt ceiling debate. Is there much disappointment that the US government wonDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
