• 2014 was a year of mild deflation for Singapore but wages slid at a faster rate
• Oil has made a bottom at $45 in January 2015 and it is raising towards $58 and beyond, signalling the start of higher oil prices and inflation
• Two-pronged investment approach as seen in Ezion and SBS Transit examples below

Year of Mild Deflation in 2014

It is a well known fact that Singapore is the most expensive city in the world to live in. The recent strong Singapore Dollar has brought us to the number 1 spot in the world. You might not know this but our living standards actually got cheaper for the past two months of November and December 2014. Cheaper oil is one of the contributing factors to it and the inflation rate can be seen in the chart below. We can see from the chart above that inflation peaked at 2.7% ......