Market Insights: Trends to Look Out for in 2023
There will be a roller coaster in the current decade, which is a good opportunity for investors who adopt proactive strategies and those who can seize the timing of cyclical fluctuations
The post Market Insights: Trends to Look Out for in 2023 appeared first on LUXUO.
After closing out a year in which the S&P 500 dropped nearly 20 per cent, Wall Street extended its gloomy demeanour into the start of 2023, with stocks edging lower to start the year amid retreats in some high-profile names. Volatility is likely to remain a big theme for markets this year as economic uncertainty lingers and each data point becomes an opportunity for a clearer picture. Although the pace of rate hikes slowed to 50 basis points in December, the Federal Reserve minutes sent a hawkish signal that they were expected to raise interest rates more times and remain higher for some time until there was enough data to prove that inflation had cooled.
The one sentence from the just-released Fed minutes that captures well the delicate balance that the world’s most influential central bank is seeking to strike: ?Participants emphasised that it was important to make it clear that the slowdown in the pace of rate hikes did not signal a weakening of the Committee’s resolve to achieve its price stability goals, or a judgment that inflation has persisted on a downward path.? It seems the Fed is trying its best to avoid cutting interest rates prematurely, which is not in line ...
The post Market Insights: Trends to Look Out for in 2023 appeared first on LUXUO.
After closing out a year in which the S&P 500 dropped nearly 20 per cent, Wall Street extended its gloomy demeanour into the start of 2023, with stocks edging lower to start the year amid retreats in some high-profile names. Volatility is likely to remain a big theme for markets this year as economic uncertainty lingers and each data point becomes an opportunity for a clearer picture. Although the pace of rate hikes slowed to 50 basis points in December, the Federal Reserve minutes sent a hawkish signal that they were expected to raise interest rates more times and remain higher for some time until there was enough data to prove that inflation had cooled.
The one sentence from the just-released Fed minutes that captures well the delicate balance that the world’s most influential central bank is seeking to strike: ?Participants emphasised that it was important to make it clear that the slowdown in the pace of rate hikes did not signal a weakening of the Committee’s resolve to achieve its price stability goals, or a judgment that inflation has persisted on a downward path.? It seems the Fed is trying its best to avoid cutting interest rates prematurely, which is not in line ...
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