ME News update, September 22 (UTC+8). Bob Edwards, Chief Investment Officer of Edwards Asset Management, said that with the Fed rate hikes now having been implemented, the stock market can keep moving forward. He said: “The Fed has already given the market enough certainty, and the stock market can resume its upward trend amid the continued presence of the ‘wall of worry.’ The stock market decline after the Fed meeting is an overreaction and is an opportunity to buy on dips. When share prices fall but companies’ outlooks have not deteriorated to a corresponding extent, that is typically a clear buy signal. We currently encourage clients to increase their holdings of stocks, focusing on valuations, revenue growth, the state of the balance sheet, and sustainable cash flow.” (Source: ME)