Like many investors in Singapore, I pay attention and monitor the news surrounding the macro-economic sentiment that might affect the performance of our stock markets, including the Fed's decision on interest rates, commodity prices (especially oil) and unemployment rates. But of all these, the one that has piqued my interest since 2015 is the state of China i.e. the world's second-largest economy, which some say may trigger the next global recession.
This started with Black Monday on 24th August 2015, which wiped billions off global stock markets. The event was initiated by China,
where its Shanghai Composite index of stocks fell by over 8% i.e. the biggest single-day collapse not seen since 2007.
My biggest regret was not buying on Black Monday, when many of the stocks I was watching reached a new low. Those of you who ......
