What to be worried It is already expected as it happened before back in the early 80s but the markets doesn’t accept the reality 🤦‍♀️

Likely The Fed will continue to be hawkish, raising interest rates applying downward pressure on the markets overall.

Yeah but the Fed had reduced the rate of its hike in the last round from 0.5 to 0.25. Not sure if they will go back up to 0.5 after this.

But this also means a stronger USD and weaker ringgit

Wait for blockbuster March meeting after jobs report data is out then we know rate

If jobs report spring a very good suprise of negative then we are back at 25bps

Anything 50bps is now suicidal from the Fed as it means that there is no more soft landing in place 🤦‍♀️

I already expect at least 4 rate rises this year which is not suprising anyhow because the data is not convincing enough 🤦‍♀️

4 rate hikes this year does not seem unreasonable looking at macro trends & economics. As you said, it is now a matter of how much the interest rates will be raised this year.

This answer to this question will now much depends/related on the below

I fully concur!

Market only pricing in 2 another this year which means 3 total but the only will break the market next month is another 50bps but for sure 25bps will be another 3 to go until summer

The pause started should be longer now most likely end of the year

I guess it will still depends on inflation as well along with other key economic indicators.

If inflation you just need to look at CPI, Core CPI, PPI and Consumer Confidence Index

Jobs and Unemployment claims are also in the Fed radar while housing is not so at the moment

Wait for March as tide will turn then

Is there a way to nominate beneficiary for stashaway?

Can I add a beneficiary to each goal?
Not at the moment. However, we do have joint accounts in the pipeline.

Source


What happens if the account holder passes away?
In the event of the death of the account holder, the executor or administrator will be the only person recognised by us.

An executor is the person appointed to handle the wishes and instructions set out in a will, and the administrator is a person appointed by the court to manage and take charge of the assets and liabilities of a deceased person without a valid will.

The executor or administrator will need to produce a grant of probate or letters of administration before the account can be liquidated to a designated account as instructed by him or her.

If there is no will, then an administrator will be appointed by the Court and she/he will have to produce letters of administration before the account can be liquidated to a designated account as instructed by him/her.

Source

Only EPF and PRS dunno why kena nominate, cant just write them into a will. Almost all other assets can be passed on with a will.

Govt doesn’t wanna deal with probates and trustee of the will 🤦‍♀️

They prefer direct approach to the hence nomination of the person

Good point on the US unemployment rate!

Myr tanking.
Profile in usd dropping but in mr still in green.
This isnt good btw

USD1.00 = MYR4.43 today

Expect another 5% swing this year if BNM doesn’t start to increase OPR this year 🤦‍♀️

Inflation will start biting once subsidies will reduced come mid year

big mistake by BNM didnt increase OPR the last round

Already big mistake by keeping it below 3% when inflation is higher than that now

BNM already bite themselves in the back because recession is already in sight and they do not have ammunition to cut rates to stimulate economy so all the legwork has to be done by PMX policies 🤦‍♀️

The Governor has to be fired and replaced with the younger deputies instead