No double-dip recession yet but US manufacturing data a concern: Chris Rupkey
US manufacturing activity unexpectedly dipped to its lowest level in three years as the slowdown in the global economy took its toll on one of the bright spots of its economic recovery. In a chat with NDTV's Namrata Brar, Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, discusses how the market will perform ahead. He strongly feels that the global markets are not headed towards a double-dip recession as of now.
