Those who have accumulated by DCA would be very happy. Especially on the US index.

Those who have been preparing for a bear market to kick in since a few years ago, have they given up or let their guards down already?

STI's volatility was largely attributed to the swings in financial sector's stock prices as they constituted a whooping 38.4% in the STI based on caps, although telcos also played a part. The telcos are now left with only Singtel after Starhub dropped out of the list, contributing 8.3% and the Jardine group of stocks contributing roughly 11%. (Data up to date)

S&P 500, on the other hand, are heavily weighted on