Don't Fight the Fed: Market Review End August 2022
7th September 2022 • Providend's Market Review • Providend Ltd
00:00:00 00:09:17

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August 2022 End-Month Market Review Summary Points:

  • Stocks and bonds fell sharply in the last week of August. However, emerging markets were a bright spot.
  • Fed Chairman Jerome Powell expressed very clearly the intention to keep rates elevated to fight US 40-year high inflation.
  • In Singapore, inflation is at its highest since 2008 as energy and food prices soar.

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