Here are some tips for safeguarding your assets and pocketbook.
Use the Swap Hunter software to protect your equity.
The Fed’s 75-basis-point rate increase will cause some pain.
Here are some tips for safeguarding your assets and pocketbook.
This represents the Federal Reserve’s third 75-basis-point rate hike this year.
The Dow fell around 100 points on Thursday, while the S&P 500 and Nasdaq fell about 0.5% each as investors worried about the impact of tighter global monetary policy on growth momentum. On Wednesday, the Federal Reserve raised interest rates for the third time in a row, pledging to keep raising rates as high as 4.6% in 2023 until inflation is under control.
Remember even if you are long the USD, or long on US equities, The Fed’s 75-basis-point rate increase will cause some pain.
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