Dear readers, the US stock markets recently rebounded with market expectation that the pace of increase in interest rates should moderate with slowing speed of inflation in US.
As a result, US stock markets had rallied and other bourses have followed suit.
Well, is it time for investors to enter the stock markets now?
Before investors do so, we have to be reminded of the recent slew of layoffs by US tech companies, the crash of the cryptocurrency’s FTX, all these point to undercurrents in the general state of the global economy.
In fact, many have likened the crash of FTX as the Lehman Brothers moment in cryptocurrency.
I believe what investors are seeing now are signs of a bigger correction to come in the near time and these developments, in my opinion, should not support investors going all out in investing right now.
There are just so many stock markets volatilities and isn’t it better to park your monies in fixed deposits right now that can award you up to 3% annual interest or more, risk-free, while awaiting for clearer signal from the stock markets?
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!