KellyWML

One rate hke decided unanimously is highly anticipated by the market. Dot plot with 16 out of 18, expectations of further monetary tightening, sending a very hawkish signal. Revaluation of AI companies and rate sensitive sectors like property and bond markets may take the hit. So sit tight, buckle up your safety belt, and bumpy ride ahead.

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Fed will hold the rate unchanged and no rate hikes due to upcoming midterm elections and the volatility in bond markets. Sometimes when you are in dilemma situation, it is better to pause, standstill, no action is require just as to please everyone.

Straits Times index having a good decent run up for past weeks, driven further upwards by the SG TRIO'S earnings that beat the consesus and closed Friday at 5698.43, realising 09/08 N-DAY effect perfectly. Let's celebrate, HAPPY BIRTHDAY SINGAPORE.

High tech companies and their's supply chains continuously dominate the market, which are only key drivers, and the money flows toward them are over concentrated. Things will turn around if their earnings do not keep up with the investment commitments.