Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes likely this year
Philadelphia Fed President Patrick Harker said Thursday he sees three or four interest rate hikes this year as likely to fight inflation.
The policy tightening would be in response to inflation that is running at the highest level in nearly 40 years.
While Harker expressed support for hikes and the end of monthly bond purchases, he favors waiting before decreasing the Federal Reserve’s $8.8 trillion balance sheet.
*Global market facing high inflation, latest US CPI stood at 7% so forcing Fed government aggressively hiking interest rate by this year to solve high inflation
The naive greedy who always refuses to learnt from history lessons will be double cut vegetable soon ! Atleast another 50% drop for over goreng tech stocks after CNY !
Oh I see .then I know what is your purpose ready.. Haha.. Go every stock counter to warn others . 1stly I tot u know something but now .. What I know your intention
This company can go down until sub rm1.00 ahaha..stick to the fundamental. Remember ; "The big money is in the waiting, not in the selling and buying " in short term ahahaha
Wondering why the operating expenses going so high, make the PBT drop by 36% YoY, 57% QoQ. Will it continue to affect the flowing quarter? if so, the net profit will drop very much ah, since this quarter is "growth" by tax rebate.
now believe what i commented previously already , " another 50% drop after CNY " pls scroll back my comment ! This one is 30 sens stock bro , 30 sens is the real value !
this company will get squeezed. with crippling costs of raw materials, spiralling inflationary pressures and stagflation in global economy, who wanna buy weh? may have to wait many many years before it can deliver great cashflow (also capex huge recently die standing la depreciation in bad economy)
@new_investor92 still tracking here .. but gotta remain very sabar for this one cos tech is currently being butchered. I think might retest 90 sen or lower before any upside
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stainlyho37
2,268 posts
Posted by stainlyho37 > 2021-12-14 15:27 | Report Abuse
turn green after 4 pm..??watch out...