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Will the Fed Spark a Currency War?

Frank Holmes joins CNBC Asia’s Bernie Lo to discuss the instability in China’s stock market and how this might pan out for investors moving forward. Frank says the outcome for the Asian markets will directly relate to how the country’s fiscal policies are executed, but also notes that the U.S. Federal Reserve could have an even greater impact.

Frank says that if the Fed announces interest rate hikes this year, whether in September or December, a competitive currency debasement could be created. Tune in to the replay below for more on China as well as Frank’s thoughts on the recent U.S. earnings season.

 

Click here for the full interview.

 

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