The headline for this week investment community is still the interest rate and for me it is again to accumulate more shares at lower prices.

Just when we thought that the risk from interest rate has subsided, Mr Fed Chief came on public media and shared that with economy reopening, we could expect some inflation. Yet he gave no details of how Fed would act in such a scenario. This creates a new uncertainty to investors on whether they could count on the Fed to tame inflation.

Investors do not like uncertainty in general.

As a result, shares price of listed companies in US started to drop. Investors might have divested equities and moved to Treasury bonds to lock in higher “risk-free” yields.

High tech growth companies were especially hit as higher yields means higher discount rate and that means that their future cash flows would be discounted more heavily and