LimLS
2022-06-25

I'm expecting another 175 bps hike and the QT to show its effect on liquidity as it goes forward. I'm also expecting the inflation to come down towards the end of the year and Fed to start softening their stance. So I think the market has more room to dip, especially when the July earnings comes out. July earnings are forecasted to be not as good. But I hope the supply chain, Ukraine war, crude oil can improve by Oct/Nov so we can start seeing the market recover. So we may actually see the market going back upwards during Nov/Dec. So guess there will be a bit more pain before the recovery. Don't think the incoming storm will be a big one. Anyway, it's just my guessing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment