Higher for longer


On uptrend: Traders work on the floor of New York Stock Exchange. The US equity market, which was last seen at a fresh record high, is expected to continue its ascent in 2024. — AFP

NO, it is not another call that global interest rates will be held up higher for longer – a message that has continuously been communicated by the US Federal Reserve (Fed).

On the other hand, it is a call that the US equity market, which was last seen at a fresh record high, is expected to continue its ascent in 2024.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

S&P 500 ends at fresh record high, as Dow scales 43k for first time
Low-cost tech gives Renault breathing space
Vietnam stocks expect notable recovery amid uncertainties
Deforestation rule delay unlikely to end stalemate
NZ consumer spending falls further in third quarter
Sports tourism fuels consumption engine
CapitaLand likely to post strong set of results in 3Q
Stellantis CEO Tavares in Paris spotlight over North American crisis
Singapore economy grows 4.1% in 3Q on manufacturing rebound
US lifts import ban on Brightway Group

Others Also Read