Note: I am not trying to spread FUD here. I am just doing some research and thought it was a good topic to write about. To combat inflation, the Fed has been raising rates. The current Federal Reserve rate ranges from 1.5 percent to 1.75 percent. The Fed is expected to raise rates from 3.25 percent to 3.5 percent by the end of 2022. This has resulted in a bear market in the United States and predictions of a possible recession. As a result, investors are seeking a safe haven in which to invest. The STI Index is seen as a safe haven by some. This is implied by the 0.63 percent YTD decrease in the STI vs. the 19.3 percent drop in the SPY ETF, as shown below. SPY vs STI. Screenshot from Yahoo Finance My Chain of Thoughts: 1. Many investors are drawn to the SG market because of the prospective dividend payout. Currently, based on its current price, STI provides a potential 3% dividend yield . 2. SSB is now giving 2% for a one-year holding period and 3% for a ten-year holding period. 3.