Q3 2022 Market Updates: More Pain To Come

Another quarter has passed and it is time for us to look at what has happened in the market over the last 3 months.

For the third quarter 2022 market updates, I would like to focus on the topic of inflation and interest rate as these are the two core factors that are contributing to pessimism and poor performances in the market today.

Without further ado, let’s get started.

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Inflation

On the topic of inflation, looking at the United States Inflation Rate behaviour, it is clear that there is still a long way to go for the rates to come back down to the federal reserve’s target of 2%.

In fact, by examining the people's expectations on the ground, the survey results showed that most people expect the inflation rate to remain elevated for at least 1-2 years before returning to the federal reserve’s target.