business

Asian shares mostly higher ahead of Fed chair's key speech

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By YURI KAGEYAMA

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I read a very interesting article today suggesting the reason why the FED's rate hikes this time around are inversely correlated to the US Market Indices.... It suggested, that most of the time, when the FED was in a rate hiking period, the Equity markets gained, but there were two periods, when this didn't happen - 1973-4 & 1994-5, and the current situation of Bond market volatility mirrors those periods - thus suggesting the market in 2023 will nose dive .. i.e. Big correction.

Who knows ?

Nuclear War will sort of make everything nose dive to zero, though regime change in Russia & China, could make the markets explode exponentially within seconds.

Economists, like Tabloid Horoscope writers, exist because, we all want to know what the future brings... sometimes, I wonder which one is a real Science - or are both, with equally successful results ?

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