Our markets have been whipsawed by multiple events, such as rising inflation expectations and bond yields, protectionism (for e.g. Trade tariffs), upcoming FOMC meeting and sudden key personnel changes in the White House etc…

How should we react or trade in current market conditions? Let’s take a look at the market events and the indices’ charts…

5 observations on the market

  1. Fed Chairman Jerome Powell’s first FOMC meeting tonight. A 25bps rate hike is almost certainly expected but markets will be scrutinising what the new Fed Chairman will be saying during the conference;

  1. Based on an article on Washington Post, President Trump may announce tariff package against Chinese products amounting to US$60b by tomorrow (click HERE). This is an event risk which i will try to avoid as depending on the actual tariff announced, the short term impact to the equity market is not clear;

  1. The crisis …