financetom
Market
financetom
/
Market
/
Experts expect US Fed to hike rates by at least 75 bps, increasing the odds of a recession
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Experts expect US Fed to hike rates by at least 75 bps, increasing the odds of a recession
Jul 25, 2022 11:11 PM

Suresh Tantia, Senior Investment Strategist, Credit Suisse | Suresh Tantia advised investors holding equities, especially US equities to hold on to them and wait for a recovery. “At the current levels, I am not advising clients or investors to reduce their holdings or investments,” he said.

Arvind Sanger, Managing Partner, Geosphere Capital | Arvind Sanger believes the earnings impact of the Fed rate hike has not been factored in yet.

Gary Schlossberg, Global Strategist, Wells Fargo Investment Institute | Gary Schlossberg expects to see some catch-up, not only by the Federal Reserve but by major central banks abroad as well.

Abhilash Narayan, Senior Investment Strategist-Group Wealth Management at Standard Chartered Bank Singapore | According to Abhilash Narayan the hiring slowdown in the US in the technology sector is not surprising. In fact, he expects the slowdown to extend to other sectors as well in the next 3-6 months.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Tech
Sector Update: Tech
Nov 3, 2024
08:48 AM EDT, 10/31/2024 (MT Newswires) -- Technology stocks were declining premarket Thursday with the Technology Select Sector SPDR Fund (XLK) down 0.8% and the SPDR S&P Semiconductor ETF (XSD) 0.3% lower recently. Microsoft ( MSFT ) shares fell by over 3% even after the company reported higher fiscal Q1 earnings and revenue. ...
Sector Update: Health Care Stocks Lower to Flat Premarket Thursday
Sector Update: Health Care Stocks Lower to Flat Premarket Thursday
Nov 3, 2024
09:12 AM EDT, 10/31/2024 (MT Newswires) -- Health care stocks were lower to flat premarket Thursday as the iShares Biotechnology ETF (IBB) was unchanged and the Health Care Select Sector SPDR Fund ( XLV ) was recently down 0.2%. Bristol-Myers Squibb ( BMY ) shares were up over 2% after the company raised its full-year non-GAAP earnings per share forecast....
Oil Prices Rise as OPEC+ Mulls Delaying Supply Additions and U.S. Inventories Fall
Oil Prices Rise as OPEC+ Mulls Delaying Supply Additions and U.S. Inventories Fall
Nov 3, 2024
08:59 AM EDT, 10/31/2024 (MT Newswires) -- Oil prices rose for a second day on Thursday following an unexpected drop in U.S. oil inventories and reports OPEC+ is considering postponing a plan to add 180.000 barrels per day of additional supply monthly beginning in December. West Texas Intermediate crude for December delivery was last seen up US$0.54 to US$69.15 per...
Gold Trades off Record High After U.S. Inflation Measure Eased Last Month
Gold Trades off Record High After U.S. Inflation Measure Eased Last Month
Nov 3, 2024
09:25 AM EDT, 10/31/2024 (MT Newswires) -- Gold early on Thursday traded down from a record high even as the dollar and treasury yields eased after a key U.S. inflation measure edged down in September. Gold for December delivery was last seen down US$15.10 to US$2,785.70 per ounce, after closing above the US$2,800 mark for the first time a day...
Copyright 2023-2025 - www.financetom.com All Rights Reserved