21-06-2023
Kenanga Investors Berhad
Kenanga Investors Market Review and Outlook (as of May 2023)
On a global scale, key markers to watch for a potential inflection in Fed or other central bank policies towards more accommodative stances include potential slowing inflation, or sharp weakening in economic growth. A turn towards looser monetary policy will be positive for sentiment towards equities. Malaysia continues to benefit from robust domestic economic activity and controlled inflation via subsidies.