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A tale of two halves for the market in 2023
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The New Year will bring new market opportunities for those who do some homework.
ST PHOTO: LIM YAOHUI
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SINGAPORE - After a bumpy ride in 2022 a choppy re-opening in China.
While most of the biggest US rate hikes have already been made in 2022, there will be at least two more increases in the first half of 2023, raising the Fed funds terminal rate to around 5.1 per cent.

