Dear mooers,
There are only a few days before the New Year's bell rings. New year, new hope!
For most investors, 2022 is a roller coaster ride. As we approach the end of 2022, all three major US stock indexes are on track to break their 3-year winning streaks and have their worst year since 2008. Let's look at the performance of the —an indicator of US stock performance this year:
* S&P 500 index focuses on the larg...

According to this , the rich are spending more on luxury brands despite of high inflation!
They are going after a pair of sneakers worth USD 1,230 as well as the Ferrari 812 GTS that starts from USD 600,000!
Not only that, the also went up further, with CAT B cars up  SGD 5,000 to SGD 112,001, and CAT A cars up SGD 7,889 to SGD 87,889!
So, what to do you think? Will FED increase interest rates in their 20-21 Sep 2022 meeting, and by how much?
(You may...