Market Review and Trends
Is The Singapore Stock Market Healthy? A Billionaire Speaks Out
By SG Wealth Builder  •  April 23, 2017
Billionaire investor, Paul Tudor Jones, has a stark message for fellow investors in Singapore. Years of low-interest rates, avers the legendary macro trader, have bloated stock valuations to a level not experienced in the country since 2000. He states that it happened before the tumble of the Nasdaq, which stood at 75% over a period of more than two years. He argues that such a value of the stock market in relation to the status of the economy should be a cause of concern for investors. Hedge fund warning Jones was speaking at a Goldman Sachs Asset Management closed-door conference, as revealed by people privy to the meeting. The billionaire investor was voicing what many hedge fund and financial managers, including companies such as CMC Markets, have been warning other investors in Singapore. Stock trading has hit unsustainable levels. However, not many of them can be as explicit as Jones, predicting a major market tumble by year end......
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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