The traditional favourable start to financial markets in 2023, due to investor fund inflows that typically accompany the new year, has been turbocharged by data pointing to a greater possibility of a soft landing for the US economy and, most recently, the signals coming out of the Federal Reserve (Fed).
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10 comment(s).Last comment by TCH1186 2023-02-09 13:10
The generalised price rally has been so quick and so big for both stocks and bonds that it raises an interesting question for under-invested investors who have not yet put their money to work.
Most of the recent macroeconomic data have been better than consensus forecasts. The resulting mix of declining inflation indicators and less worrisome growth developments has tipped the balance of risks somewhat more toward a soft landing and away from the hard landing characterised by a recession or stagnation.
hard to say mixed feelings however tomorrow will be a sell off day for sure in bursa .......... due to recent uptrends cooling time the game restarts !
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Posted by Income > 2023-02-04 11:17 | Report Abuse
The traditional favourable start to financial markets in 2023, due to investor fund inflows that typically accompany the new year, has been turbocharged by data pointing to a greater possibility of a soft landing for the US economy and, most recently, the signals coming out of the Federal Reserve (Fed).