The Latest Breaking News from US Federal Reserve

The stock markets’ (SPY) plummet is continuing at an accelerated pace following the FOMC, where the main message seems to be that 75 basis points rate hikes are the new status quo until inflation materially declines. Given August's CPI saw an acceleration in monthly core CPI, we are far from…

Goldman Sachs (NYSE: GS) is reducing its valuation projection for the S&P 500 as rising interest rates signal bad times for stock prices. Investors are reacting by shunning most asset classes and going into cash as a way to weather the storm.

Economists forecast the value of the baht could plunge to 38 to the US dollar this year, mainly attributed to a stronger dollar as the Federal Reserve pursues a hawkish monetary policy.

Despite rampant inflation and slowing growth, the US dollar keeps going from strength to strength. Since May last year, the greenback has risen by 28% against the yen and 20% against the pound. In addition, it has appreciated 19% against the euro, reaching parity for the first time since 2002.

From our point of view, the global economic landscape in the fourth quarter will be very important. We believe that the coming quarter will bring a shift in the global economic picture to a new equilibrium.

The Fed launched another 75-basis-point rate hike this week and signaled it would keep increasing rates until inflation is under control. The consecutive rate hikes are raising recession concerns. We think fundamentally solid stocks Bristol-Myers (BMY), AT&T (T), and Gilead Sciences (GILD), which have the potential to deliver steady returns…

The Fed’s aggressive rate hikes and stronger dollar pushed the oil prices down. Therefore, it might be wise to avoid fundamentally weak oil stocks Tellurian (TELL) and Camber Energy (CEI) before it’s too late. Read on….

The SPDR S&P 500 ETF Trust (NYSE: SPY) suffered more heavy losses this week in response to another aggressive Federal Reserve interest rate hike

These are difficult times for investors. Inflation is like a runaway freight train and COVID-19’s aftereffects are still creating supply chain problems. In response to these trends, the Federal Reserve is hiking interest rates with a frequency that hasn’t been seen in decades.