Bailouts around the world - US, Swiss. Interest rate pause for Canada, New Zealand.

Eric Seto

Mar '23 in General discussion

Just finished this week's coaching call in Investing Accelerator.

This is the state of the market and why it is going up:

US bailout #1 and interest rate: Fed stepped in to guarantee SVB depositors and close down Signature bank. Currently, Goldman Sachs forecast US March interest rate hike to be zero (previously 0.25-0.5)

Swiss bailout: Credit Suisse received $54B borrowing from Swiss National Bank after its major investor refused backing - share dropped 20% but bounced back. ECB is ready to help banks if needed (just raised interest rate by 0.50 - remember ECB is lagging behind on interest rate increase)

US Bailout out #2: Provided 2 trillion low interest rate bank loans to banks to resolve the liquidity problem

New Zealand interest rate pause: Considering rate pause to avoid recession

Canada interest rate: paused

Compare to 2022, we observe that the central banks around the world are looking to save the market from recession and are willing to provide more liquidity (bailouts) to do so

In Investing Accelerator, we have been accumulating our long-term positions for months which took advantage of the bottom formation.

I don't think it is too late yet to invest in the market but you should do so quickly to capture the bottom before we experience a breakout.

As I mentioned before 2023 will be a bullish year.

Happy investing!

Cheers,

Eric Seto, CPA, CIM

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In March, my goal is to help 20 people without a financial background to master investing

Investing Accelerator is designed for people without a financial background. Here's the link to the webinar: https://bit.ly/3i9QT1V

We focus on developing financial independence, where you have the ability to invest to earn a higher return.

The goal is to achieve 30% return per year.

In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth.

In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses such as mortgage, utilities, car payments. This will help accelerate your retirement goals.

If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year.

During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve.

Here’s the link to schedule a call: https://bit.ly/3TFvgVH

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