Singapore Stocks headed as much as 1.32% south today (30 September 2013), in line with the direction of the regional markets as the global markets weighed in the political drama of US as the US government debated on the US debt ceiling issue. Such a drama is really not new to many investors, including myself as we have seen how the US Democrats and Republicans debated before, before passing a resolution in the nick of time, before the timeline of a milestone that is important to the global stocks markets and then the stock markets worldwide will rebound. So is the US government going to be shut down?
Well , looking at past experiences, I believe the US government will cobble a plan that will be at least a “win-win” for both Democrats and Republicans and then the stocks markets worldwide will rebound. As for Singapore Stocks Market, I ......
