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Experts expect US Fed to hike rates by at least 75 bps, increasing the odds of a recession
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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.

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