Investment consultants said that last Friday, the closing of Taiwan stocks was only 189 points away from the lowest point this year of 13,928.66 points, and the bottom was in danger (Photo by reporter Wang Menglun)

[Reporter Wang Menglun/Taipei Report] Affected by the negative impact of the US Federal Reserve's interest rate hike and the rising war situation between Ukraine and Russia, the Taiwan stock index fell 3.04% last week (9/19~9/23), which is 7/15 from the lowest point of this year. 13,928.66 points, a difference of only 189 points, the bottom is in danger; as the short-term is facing the "want four" defense battle, it is recommended that investors should wait for the fundamentals of the company to improve.

The Taiwan stock market fell 443.38 points last week. Investment consultant analysts said that there are three main factors, including: First, the US stock market still revolved around the results of the FOMC meeting last week and fell into the whirlpool of consecutive stock market declines. The Fed sent a clear signal that it is willing to Tolerating recession as a necessary price to control inflation.

Please read on...

Second, FedEx, known as the economic bellwether, withdrew its original forecast on the grounds of the current overall weak economy, which also caused its stock price to plummet by 21.4% and deepened the overall decline in U.S. stocks.

Third, there are new changes in geopolitics. Putin, the Russian leader, announced that it will enter some military mobilizations. The war may escalate and change. Bad news once again seriously hurt the risky market. Measures will be taken to stop the devaluation of the currency.

The financial market has been baptized by a series of bearish baptisms, and it seems that there is no end in sight.

According to statistics, the US Nasdaq and Feihan Index fell by 3-4% last week, Taiwan stocks followed the decline, and the official stock bank was mainly defensive; Taiwan stocks were 13,928.66 points away from the 7/15 low, only A difference of 189 points.

"The international stock market is facing a bottom-breaking crisis again!" Yongfeng Investment Consultants said that last week, the FOMC raised interest rates by 3 yards to 3-3.25% as expected by the market, but the target interest rate in 2023 fell to 4.6%, exceeding the market expectation of 4.5%, and the market It is expected that the FOMC may raise interest rates aggressively by 3 yards in November, the US dollar index rose to 111.34, the Taiwan dollar fell sharply to 31.69, and the US 2-year bond and 10-year bond yields reached 4.13% and 3.7%.

Due to the widening interest rate gap between the United States and Taiwan, funds continued to be remitted after foreign investors sold more, and U.S. bonds also appeared at attractive prices, while corporate inventories were still being digested. The time to reverse has not yet come; it is estimated that the index range this week is 14,000 points to 14,500 points, and it is expected that the bottom time will be delayed for a while.

Looking further ahead to October, Yongfeng Investment Consultants said that although there was no interference from the FOMC meeting, it entered the super earnings week of the United States and Taiwan. Judging from the fact that FedEx previously issued a warning of a decline in global freight volume on the grounds of a sharp deterioration in the economic trend, companies digested inventory. I am afraid that it is still in the process of slow progress, the company's outlook is not good, and it will test the current shaky stock market again.

Grasp the economic pulse point with one hand, I subscribe to the free finance Youtube channel

I'm already a friend, thanks

Welcome to [Freedom Finance]

Feel good

Liked already, thank you.