Market Review and Trends
The Singapore Econony 2013: Inflation and what it means for you.
By Dr Wealth  •  January 5, 2013
After allowing scandals to hog the headlines over the past year, editors at The Straits Times moved into a pensive mood and put out two headliers on the economy. On the last day of 2012, the front page read ‘Slow growth next year: Economists’. The next day’s headlines read ‘Economy grew a slower 1.2%’. The contents were similar and bleak. In a nutshell: ‘Singapore will face another bout of slow growth and high inflation next year as the painful process of economic restructuring continues to bite. Even the employment market, which has held up relatively well this year, is likely to see fewer jobs created.’  Straits Times 31Dec12 Economists continue to banish inflation forecast figures like the Sword of Democales. The thought of one’s money losing value by the day is enough to strike fear in people’s heart. Let us take a step back and discuss what inflation ......
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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