$S&P 500(.SPX)$
A 0.5% rate hike is widely expected and inflation isn't going to end anytime soon. Why do isay this? This is because we just came off the back of one of the longest "stops" ever, called COVID -19. People want to spend and grow their business! They want to succeed! Like a runner that's been caged for year, he wants to burst with great speed. This is why it's going to more and longer rate hikes but for investors, what's more important is to be vested long term.
The S&P 500 looks like it may go over 4000 but as mentioned, it's all sentiments. I think positivity may flow until 4000 points but what happens next depends on the FOMC! While Dec is traditionally a sleeping month, investors have been starved of good things the entire year, nobody is going to sleep this month!
So... What to expect? Either a big jump or drop followed by stability until next Jan when the Fed gathers again. For ultimate good news, it will still take a while. Stocks like $DBS GROUP HOLDINGS LTD(D05.SI)$ and $UNITED OVERSEAS BANK LIMITED(U11.SI)$ are good for riding the waves of volatility, I find as they will benefit during this period of rate hikes. I am currently holding more DBS than Grab and will review my portfolio again next earnings call (Mar-Apr period).
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- Lionel8383·2022-12-13For now, i wait until after Dec 14 rate hike. Dont fight the fed9Report
- Quantum Leap·2022-12-13Now lets pray to the moon ~7Report
- Cklew·2022-12-13thanks for sharing @CYKuan7Report
- flinostone·2022-12-13goodread6Report
- psk·2022-12-13thanks for sharing4Report
- valentia·2022-12-13Never too to catch the market even after 14th, so hang on tight to your fund....wait for the announcement first 😁1Report
- BenGI·2022-12-13could be more pain ahead..2Report
- vinH·2022-12-13Thanks you for sharing2Report
- CYKuan·2022-12-13thanks for sharing2Report
- zerolih·2022-12-13I'll wait for the FED announcement2Report
- TKPK·2022-12-13thanks for sharing2Report
- Cklew·2022-12-14thanks for sharing1Report
- EY12·2022-12-18like1Report
- FK1234·2022-12-15💪1Report
- HengOngHuat1·2022-12-14ok1Report
- ChooiLing·2022-12-14ol1Report
- erickhoosg·2022-12-14ok1Report
- Gnoixed·2022-12-14good2Report
- Kc48·2022-12-14Tks1Report
- DiAngel·2022-12-14Ok1Report