Boom Bust: May takes office, barbell investment strategy in view
The top story: U.S. Stocks fluctuated near a record, as British PM Theresa May takes office. Afterwards, RT Correspondent Polly Boiko outlines the challenges that face the new prime minister. Then, Boom Bust’s Bianca Facchinei describes how wealthy investors are hoarding cash out of fear of what the US presidential election will mean. And RT Correspondent Marina Portnaya reports on the plunge in Venezuela’s oil production to a 13-year low.
After the break, Ameera David talks to Tim Duy, University of Oregon professor of practice, about how the US economy remains on track. And in the Big Deal, Ameera and Edward Harrison discuss the investment climate in the wake of Brexit, with one big name, Hugh Hendry saying now is a good time for macro managers.
Take a look!