Jo's outlook for 16-20 Jan 23
@Jo Tan：
My outlook for this week is more optimistic. In general, inflation looks like it is coming down, although the Fed needs more confirmation. Recession also looks certain and that's a good thing, because there will be less spending (I mean this from a point of view as an investor only), causing inflation to fall further. I expect that although this may cause earnings to fall, in general, I think the $S&P 500(.SPX)$ will do better. This is because of a few months of being bearish, the market is ready to pounce. However, as investors, one should be careful not to jump when the stock is peaking or rising. Look out for the right prices to jump in and avoid FOMO (even for myself). For the STI I expect banks to rally