According to the minutes from the Federal Reserve March Policy Meeting, the Fed projected a possible mild recession starting later this year.
CPI data came in with headline inflation at 5% in March, down from 6% but core inflation remains sticky at 5.6%. The Fed is likely to raise rates by another 25bp in May.
What does this mean for the stock markets and investors? Is the stock market going to head down more from here?
Last week, we held a live Zoom sharing to do a quick market update and shared our views on the above events. Catch the replay video below!
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Chief trainer of The Moneyball Investors Playbook program and founder of The Joyful Investors, a financial education firm that seeks to help avid investors learn to invest better and make the journey a joyful one. I graduated with a first class honors in Bachelor of Accountancy from Nanyang Technological University (NTU) and started my auditing career in one of the Big Four. I believe that once we know how to build our wealth sustainably, we can then live our best lives ever.
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