Even though investors in February lowered their expectations for the Federal Reserve (Fed)’s policy rate cut to only three times this year, the overall risk assets rallied as seen by Bitcoin and the US stocks hit records, commodities prices such as oil and gold climbed.
Key Takeaways
- Despite lowered expectations for the Federal Reserve’s policy rate cut, the overall risk assets rallied, with Bitcoin and US stocks hitting records and commodities prices climbing in February 2024.
- Foreign funds flowed back to the Thai stock market, buoyed by export growth and solid consumption, despite the National Economic and Social Development Council’s economic growth forecast downgrade.
- High dividend-paying stocks outperformed the SET Index, offering passive income and defensive characteristics amid local and global uncertainties in February 2024.
Senior Executive Vice President of The…
