Hi, mooers!
With the upcoming GST hike from 7% to 9% and the market's volatility as the Federal Reserve puts a pause on interest rate cuts,  the question arises: How can we adapt our investment strategies to navigate these uncertainties? What's your take on the likely market trends?
During these uncertain times, money market funds stand out as a smart investment, fighting off inflation and offering a steady source of income.
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Bank of America's survey report shows that fund managers are bullish on bonds to the highest degree since the financial crisis, bond overweight position hit a record high since 2009. Most fund managers believe that the Federal Reserve's current round of interest rate hikes has ended, and the probability that the economy can achieve a soft landing next year. In addition, JP Morgan Chase U.S. Treasury customers long ratio rose 4 percentage po...