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
Run lorrrr, wanna buy somemore mehh?? Bubble burst liao lorrr malaysia tech big crash liao. Super overvalued thats why crash so fast. Ady told u guys dont buy liao still wanna buy soon drop till rm2 dont cry father cry mother la. Save money first and wait at rm2- rm3 if so wanna invest in malaysian tech stocks
Now negative sentiment on tech stock which is over goreng for sometime. If QR out in Feb next month below expectation share price will collapse again as sentiment is no longer there to support the price. IB will rush to downgrade the TP.
IB pulling each other. Pump and give high TP. Dump then provide low TP. End of the day fundamental will prevails. Still, too soon to tell. Stick around.
Yr 2021 - glove & health sector massive sold off due to ASP keep dropping
Yr 2022 - tech sector rotated massive selling off due to interest rate hiking unavoidable
*Don't ever think to challenge with fund institutions since RSS, PDT & IDSS fully operating since 2022. We need to learn the past lesson from 2021 incident during massive turbulence on health sector.
Glove is small business compare to tech. Tech Will always prevail as the solution or most of the problems . That busy hopperns all the time but it will be up again ten uncertainigj if no of interest rate hike is the problem . Once the number is certain then it will go up again . Uncertainiyh always bad for market.
It’s just the uncertainty on No of rate hikes, traders take profit or cut loss first . Where else want to move if it’s not tech .. return will not be much
walaooo still got some s*ha* so optimistic?? come on time to run liao lorrr......u follow director u see she buy at what price today what price?? do u think their judgment can be realiable?? malaysia tech stock burst liao lor the bubble.....for all these tech stock i will consider only inari at price below rm3 possible range rm2.5 to rm3. others wont even touch.
Its is overdone, no brainer lah. Big sharks collected heavily on Friday. Don't believe, go and see the volume. Some get over excited for RM1, RM2. Why, market crash ah?
Monday will rebound. Mark my words , director and founders have start their massive purchase, look on how many shares purchased by EPF on Inari, they too knew this is great gem
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....
trader101
415 posts
Posted by trader101 > 2022-01-14 10:41 | Report Abuse
buy now, later rebound...