SebbyBoy
2022-07-15
Good !//@JLSE:๐Ÿ‘๐Ÿ‘๐Ÿ‘//@koolgal: Thanks for liking my post. ๐Ÿ˜๐Ÿ˜๐Ÿ˜//@Aaaaaaaaaaas: ๐Ÿ…๐Ÿ…๐Ÿ…// @koolgal: Inflation is now 9.1%, the highest in more than 40 years!  It is almost certain that the Feds will be hawkish and raise interest rates.  The financial gurus say at least 75 BP or even 100bp.  The US markets closed lower today on this negative news.   High inflation is like a fire out of control.  Interest rate rises is like pouring water over the fire.  Hopefully rising interest rate will dampen the spread of fire but not put it out completely.  That will be recession! Companies will have to pay higher interest rates for their debts which will impact their profitability.  So as an investor, I will seek quality companies in non cyclical industries which will be less volatile like Proctor & Gamble, Johnson & Johnson and Coca Cola. Hopefully the Feds can rein in high inflation with new rate rises and bring calm back to the volatile markets.   I will continue to stay invested in a diversified portfolio as a hedge against high inflation. @MillionaireTiger@TigerStars@CaptainTiger
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Comments

  • alexj
    2022-07-15
    alexj
    yes stay invested
  • wingcheong
    2022-07-15
    wingcheong
    Like the commentary.
  • Alex Tan
    2022-07-15
    Alex Tan
    I give you a like
  • Soonsoon
    2022-07-15
    Soonsoon
    [ๅพฎ็ฌ‘]
  • ChinCY
    2022-07-15
    ChinCY
    Okk
  • Meowlisa
    2022-07-15
    Meowlisa
    Scorpion
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