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What the Fed must do next to stay credible
On Wednesday, the minutes of the Fed's last meeting will be released. It may or may not give more insight into what Chair, Janet Yellen, is thinking. Saxo's Teis Knuthsen, says the Fed needs to be on the ball in signalling its intent to stay credible and relevant as far as interest rates are concerned.
Teis has praise for how the Fed has acted over the past few years; "they've done a good job", he says and that they were always part of the solution not the problem.
2014, says Teis, is going to be a decent year for the global economy. He advises investors to be biased in favour of equities versus bonds.
02:28 minutes
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