LimLS
2022-06-03

People from Fed got more hawkish again and said there is no plans for pause for hike in Sept and it depends on inflation. A few banks come out to warn about economy slow down and market ahead might be rocky. Yet these few negative news don't make any impact and market continues to grind higher. But I don't think this is a reversal. Let's hope this rebound maintain a bit longer. Take note that FOMC will be on 14-15 June. The hike of 0.5 is almost confirmed and should already be priced into the market. QT just started but nobody know the actual impact. But we should only see in later this year when the QT effects start to stack up month after month. So expecting the market to bounce within the range of 4000-4300 for June. Do not see any news for bull/bear to break this range.

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Comments

  • JDhope89
    2022-06-03
    JDhope89
    Market still have further legs down?
    • LimLS
      I hope not. But with the coming hikes and QT, these will put stress on the market. Fed is also not afraid to put the market thru "pain" to achieve lower inflation. So chances of lower market is there.
    • eo1668
      hope not
  • HilaryWilde
    2022-06-05
    HilaryWilde
    Their first priority is to control inflation, and as for the stock market, that's not their concern right now
  • MortimerDodd
    2022-06-05
    MortimerDodd
    The Fed should have communicated more with the market.
  • ElvisMarner
    2022-06-05
    ElvisMarner
    Financial markets do not seem afraid of higher interest rates
  • BurnellStella
    2022-06-05
    BurnellStella
    A 50 basis point rise has been accepted by everyone.
  • PandoraHaggai
    2022-06-05
    PandoraHaggai
    The Fed's attitude is always changing.
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