Buy, Hold or Run?

Two weeks ago we warned that the real risk for the Pakistan stock market would come after the US election. This week, that warning started to look a lot closer. The KSE 100 had a rough week, oil prices surged, and markets from Karachi to New York were shaken. The next ten days bring the State Bank interest rate decision, the US Fed meeting and the US midterm elections, and any of them could move your money. Mubashir Zuberi, CIO at Mahaana Wealth, explains what’s really driving PSX, oil, gold and Pakistani interest rates, what could come next, and where he would invest right now. Time Chapter 00:24 Iran Attack Looks Imminent 02:45 Gold Breaks $4,000, KSE-100 Slides 05:50 Why Gold And Yields Fell Together 08:01 Will SBP Hike On Monday? 10:40 Why Refinery Stocks Are Cooling Off 13:00 Where To Deploy Cash Now? 13:50 Which Sectors Get Hit Hardest? 15:30 Key Dates: MPC, Fed, Mid-Terms #PSX #KSE100 #PakistanStockMarket