Yesterday, J. Powell signaled that the Fed would slow the pace of interest rate hikes next month. And the markets flew 🚀. The S&P500 rose 3% and the Nasdaq rose as much as 4.5%.
That’s what analysts (above) are forecasting for the U.S. interest rate. A 0.5% increase in December, a 0.5% increase in February, a 0.25% increase in March. After March we are at a plateau. A few months at the same level and then a decline.
A reasonable question arises. When to buy? Well, that’s the tricky part. When rates go down, the market will already be in the growth phase. But before that, everyone is waiting for the fall, from 16-28%. But the market has its own plans.
It’s not a good idea to run like crazy and buy on a rising market. It’s better to buy from levels on corrections or declines.