 "ROBERT F. BAUR, chief global economist, Principal Global Investors")
With the US Federal Reserve (US Fed) deciding to wind down its $4.2 trillion balance-sheet starting October, US-based ROBERT F. BAUR, chief global economist, Principal Global Investors that has around $431 billion worth of assets under management tells Puneet Wadhwa that global equity markets can continue to move up in tandem as long as the (corporate) profit growth is strong, economic growth is robust and interest rates don't get too high. Edited excerpts:
What are the implications for the global financial markets once the US Federal Reserve starts winding down its balance sheet?
I don't think there will be too much reaction
