Compared with previous post, CPI is slowing down, labor cost is on focus. (Chart 1).
Compensation cost growth peak in Q3 and growth decrease to 1% level in Q4, but still 0.5% higher than normal level (0.5%), which confirms labor cost still drive inflation. (chart 2).
Labor force participation … Read more
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WASHINGTON, Sept 21 (Reuters) – Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would “keep at” their battle to beat down inflation, as the U.S. central bank hiked interest rates by three-quarters of a percentage point for a third straight time and signaled that
Strategy:
After the peak in Nov/Dec 2021, US stock market has been declining since 2022. The decline is triggered by anticipated interest rate increases, which hurts growth stocks particularly: a lot have dropped 30% or more.
What can we learn from it?
As a long term investor, I still … Read more
Assume you have a mainstream stock portfolio (e.g. S&P 500 ETF, or FAANG), what are the potential risks that might impact your portfolio in 2022?
2022 will be more difficult than 2021. Part of the reason is the market lost the momentum and enthusiasm compared with one year ago. People … Read more
