“MarketWatch” reported on Tuesday (27) that the Federal Reserve raised interest rates one after another, sounded the alarm of economic recession, and the stock market crashed. Financial experts believe people should be cautious in responding to the uncertain 2023 and avoid buying five shares in 2023. products, including Special Purpose Acquisition Company (SPAC) shares, meme shares,cryptocurrencyMeta Quest headsets and Tesla vehicles.
Recent data from the Federal Reserve Bank of St. Louis shows that Americans’ personal savings have plummeted: After adjusting for inflation, personal savings are down 88% from their 2020 peak and 61% less than in before the epidemic. The US personal savings rate was reported at 2.4% in November, slightly higher than October’s 2.2%. Meanwhile, there are signs that US consumers are cutting back on spending.
“MarketWatch” gathered the views of financial experts on Tuesday (27) and said that people should consider cutting spending in 2023, make more informed investment and spending decisions, and respond with caution to an uncertain 2023.
And the places where people should avoid spending? Experts have pointed out that during the outbreak, investors like to buy SPAC shares, but according to a recent study, investors who have bought SPAC shares since 2015 have lost an average of 37% after one year, suggesting investors should avoid buying. SPAC shares in 2023.
In addition, in the stock market with the backdrop of the Federal Reserve’s quantitative easing, it is effective for some people to buy meme stocks, but experts urge investors to stay away from meme stocks now, because against the backdrop of the Fed’s interest rate market up and down , the company’s fundamentals have regained investor attention and the good days of buying meme stocks are believed to be over.
Experts also point out that 2023 should not be investedcryptocurrencybecause for a long time investors have been accustomed to buying on declines,cryptocurrencyNo correlation with market theory of long-term holding, buying is more akin to speculation than investment, andcryptocurrencysafety is still in question.
Experts warn that anyone considering buying a Meta Quest headset should think twice: Meta Quest headsets aren’t cheap, and with Apple due to enter the fray in 2023, people may have more options.
Ultimately, experts advised people not to buy a Tesla (ATS-US) automobiles, since General Motors (GM-USA), ford (F-US), Toyota Motor and many other automakers will launch a wider variety of EVs in 2023, consumers will have more EV choices, and Tesla has hardly responded to Tesla since the Model 3 was launched in 2017. The Model 3 has been updated.
Liz Najman, a climate scientist and head of communications and research at Recurrent Auto, an electric vehicle research and analysis company focused on the used-car market, said 2023 looks set to be the year of change for Tesla and his followers.
