Thursday, 5 January 2023

Fed do not expect rate cuts in 2023

 Stock

  • As title suggest, minutes mentioned yesterday for 2023 regarding possible pivot and rate cuts.
  • "Unless inflation goes down, any signs of rally will be sold off by Fed"
  • Have been out of US stocks since a few weeks ago, need to stop touching options forever.
  • Am slowly adding HK n SG div stocks as necessary, HSI has broken 200 ma and moving towards a bull market.
  • Very likely to see China outperforming US this year in terms of stock market performance.
  • Will update holdings every month in this link

Life
  • Received TP letter yesterday, looks like it's a confirmed fault and will result in $150 fine + 4points tmd.
  • Debtor took offer and paid back 14k yesterday, remaining 1.5k will be returned next fri.
  • CNY will take place in about 2 weeks time, 29 weeks more for car to be scrapped...pkl

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