First Word Asia: Stocks Selloff 'Overdone' After ECB's MoveBloomberg News
Dec. 4, 2015
"We think this is a time to start accumulating stocks," said Eric Liu, Head of Research at Vanda Securities on First Word Asia. Liu said the stock selloff that began in Europe and spread to Asia seemed overdone. The selling was prompted by an ECB decision on stimulus that disappointed investors and stung those who had piled on wagers against the currency amid expectations of more aggressive easing.
Liu spoke with Bloomberg's Bryan Curtis and Doug Krizner.
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