Tom Keene Talks to Jack Malvey
Tom talks with Jack Malvey, chief global markets strategist for Bank of New York Mellon, on the risks ahead
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Are we anywhere near another financial crisis?
We are certainly in for a summer of volatility.
What factors are you paying special attention to?
We are looking at the weakness in Europe in the bond market. We’re looking at commodities, which in July have been up, particularly the precious metals. We are looking at the oil market, which has been moving up—so much for tapping the Strategic Petroleum Reserve.