Market is on the sideline

Mythz
2022-08-25

The market has just retraced back to a healthy level in fear of the jackson’s hole meeting.

The jackson’s hole meeting is a very important meeting different from the monthly fed meeting. It allows important policy to be made.

Overall, the market has been quite bullish since June. Covid has been a new norm among us and most country has been laxing the rules. This has indeed bring up the economy slightly. However, inflation is still at an all time high. To start deflation, the rates will likely have to be increase further which will impact many company revenue. This is the main factor which many investors are still on the sideline.

Recession has already begun and the GDP has shrinked by 0.6%. Overall, the consumer data has been improving, although this is a lagging indicator and does not show actual market sentiments.

Some might say this is a bear rally, i would like to say that the major index has rose more than 15% and the market seems to have found the bottom.

It is expected to rally short-term till more indicators show that we are in a strong bull market. Learn and react according than timing the market

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Comments

  • MortimerDodd
    2022-08-28
    MortimerDodd
    A rise in interest rates is good news for bank stocks. Do you invest in them?
  • Apple99
    2022-08-25
    Apple99
    keep it up
  • HilaryWilde
    2022-08-28
    HilaryWilde
    The consumption figures are actually pretty good, which is acceptable.
    • Mythz: 
      Supply is still slightly low but the consumption rate does looks pretty good
  • Maria_yy
    2022-08-28
    Maria_yy
    Inflation has eased a lot. Don't be too pessimistic.
    • Mythz: 
      I will still be on the sideline. Fed has shown a massive cut and some stocks are oversold
  • BellaFaraday
    2022-08-28
    BellaFaraday
    Bull markets don't come so easily, do they?
    • Mythz: 
      It is hard to determine these days. Market is wild. Anything can happen
  • ElvisMarner
    2022-08-28
    ElvisMarner
    The recession has indeed begun.
    • Mythz: 
      Yea. Hang on tight!
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