The STI has been rising ever since the beginning of the year to the 3,000 level. This has had some analysts saying that the STI is going into a bull run. Indeed if we are to compare the performance of the Singapore stocks markets at the beginning of this month to that of Year 2016 where the global stocks markets were shaped by China’s stock markets, there is optimism among Singapore investors. Especially so when year 2016 is quite flattish in terms of local stocks markets performance.
However if we are to scrutinize more carefully the reasons behind the Singapore stocks rally, we have more questions than facts supporting the crisis. Questions about US policies under Trump, questions about US Federal Reserves’ interest rate hike and Questions about Europe’s political and financial updates. Since we have so many questions about the stock markets then there will need be answers and …Read the full article →