sg-guru
Sep 27, 2023 08:59
Inflation is likely to stay high for an extended period of time. It is unlikely that the US Fed will lower interest rate anything soon.
It's highly probable that we may be heading towards a period of stagflation, with high energy prices, high inflation and stagnant growth.
For the short term, it may be wise to put your money in the money market funds, waiting for adjustments in stock prices before taking the plunge.
During period of uncertainties, money (liquid assets) is king.
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It's highly probable that we may be heading towards a period of stagflation, with high energy prices, high inflation and stagnant growth.
For the short term, it may be wise to put your money in the money market funds, waiting for adjustments in stock prices before taking the plunge.
During period of uncertainties, money (liquid assets) is king.