[ANALYSIS] Winning the trade even before starting it

'With the specter of more projected rate increases here and abroad, market weakness may continue to linger.' Opinion ThoughtLeaders

For my first column after going into an extended voluntary lockdown more than three years ago due to the COVID-19, I would like to start with what legendary stock traders call the first dictum in stock trading of “winning the trade even before starting it.”

Rising food prices, transport fares and wages were among the factors attributed to the current rising trend of inflation that on February 16, on the Monetary Board’s first meeting for the year, it decided toAdding fuel to the fire, so to speak, the market was further spooked by what MB chairperson and Bangko Sentral Governor Felipe Medalla said in his February 17 interview with the international television network CNBC wherein he admitted that raising the policy rate “may be unavoidable” in the...

By no means, the geopolitical tensions and market uncertainties happening elsewhere in the world, most especially in the region, cannot be discounted to significantly affect the market, for as they may appear distant factors for now, they can radically drive down the market at an instant. With the specter of more projected rate increases here at home and abroad, particularly the US, in which the US Federal Reserve has expressed fear that rates may still rise by another 75 basis points till the end of 2023, market weakness may continue to linger.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

rapplerdotcom /  🏆 4. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate adopts reso honoring John Arcilla for winning in Venice International Film Festival | Butch FernandezThe Senate, voting unanimously, passed Resolution 490 Tuesday, congratulating and commending Filipino actor Romeo “John” Gonzales Arcilla for winning the coveted Volpi Cup for Best Actor in the 78th Annual Venice International Film Festival. Senate Resolution 490 was introduced by Sen. Manuel “Lito” Lapid, an actor himself before he entered politics,…
Read more »

Joel Lamangan on Darryl Yap, ‘Oras de Peligro’ and his winning film in IndiaLamangan: “He (Yap) wasn’t born yet when the Edsa Revolution happened. This is why I’m sure that his knowledge about it is very limited and that he only learned about that chapter of our history from people who are helping finance this kind of movie.'
Read more »

[ANALYSIS] Undoing 'false nostalgia' about the Marcos years'Lies cannot live on forever. But we cannot rest on that fact. We have our work cut out for us.' ThoughtLeaders
Read more »

[OPINION] A viable constitutional reform roadmap'This time, we can pursue a reform of the 1987 Constitution with only a singular goal in mind, and that is to improve the way we govern ourselves.' More in this Opinion piece:
Read more »

[OPINION] A tale of 2 women: Leila de Lima and Theary Seng'One tried to change the system from within – the other one opted to stay outside. Both ended up behind bars for fighting for what is right.' Opinion
Read more »

[OPINION] The special elections of the 7th District of Cavite: A welcome development'Every filling of vacancy instead of a permanent appointment of legislative caretaker is a win for every Filipino.' ThoughtLeaders
Read more »