Yes, this is what President Trump said after Federal Reserve’s recent rise in interest rate and signals for more to come which has caused the recent “market rout” where world major indexes dropped by more than 5-8% in two days including most of the Asian’s stock market.
I am sure you have been bombarded by all sort of news headlines on “Market Crash “ or even active discussion about share price dropped or portfolio value decreased among your chart group.
In line with all major market indexes, STI also corrected by more than -200 points and it has downed by more -10.7% since Jan 2018 and -16.3% from previous peak ,achieved in May 2018.
I am sure many investors also very nervous and in fear of looking at their shrinking portfolio value.
One of my friend e-mailed me and asking if he should sell his stock as market seems going
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