Fmoc minutes states that fed will continue to increase interest to 4.5% and the next one should bealso 0.5%
I predict a peak of 6% is when market should be the lowest around April or June
Stick to bank stocks , insurance and Singapore t bills
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Here is the full link to the minutes
https://www.federalreserve.gov/newsevents/pressreleases/monetary20221214a1.htm
In a related action, the Board of Governors of the Federal Reserve System voted unanimously to approve a 1/2 percentage point increase in the primary credit rate to 4.5 percent, effective December 15, 2022. In taking this action, the Board approved requests to establish that rate submitted by the Boards of Directors of the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.
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