Suppose you are an investment analyst, your supervisor, a portfolio manager asked you to write an investment report on how US interest rate hike will affect the stock market and economy in Malaysia, and the report must include detail analysis below.

1. Perform a fundamental analysis of the overall economy and stock market in Malaysia. How will US interest rate policy affect the Malaysian GDP growth rate and stock market (KLCI) performance in year 2023?

2. Select one (1) industry in Malaysia which you believe will be either the most positively or negatively affected by US interest rate hike in year 2023? Justify the industry selection with detail analysis.