Singapore stocks declined once again today, following US stocks’ showing the night before. The decline came about as Saudi Arabia announced that it would not cut oil production. Against this backdrop, regional stocks markets like Singapore stocks markets went south. After what seem to be okay market sentiments, it seems that Singapore stocks markets will be going through a rocky path once again.
So are Singapore stocks markets headed for a recession? The answer is that I do not know and many who do think it is so are also not saying it with full certainty. What I do know is that against such stocks markets volatilities, we should still invest, still trade though we may want to reduce the amount that we put into our investments.
For the optimist, the southing of the stocks markets is yet another opportunity to pick up good stocks at a good discount. Join ......