The past week was a relative quiet one for me. No major changes to my portfolio because there wasn’t any reason for me to do anything. STI index gained 6 points or just moved just 0.2% in the 5 trading days.

On the contrary, the US market was in full buoyancy, breaking records after records. The US investors must be wondering where was the trade war. Once again, it points to me the need to have diversified portfolio. I have some exposure but it is not big enough to move the needle.

While US see no trade war impact, it is clearly not the case in Singapore economy. We heard on Friday that it slowed down sharply, growing only at a meager 0.1% yr-on-yr in Q2 2019. From CNA, I learned this is the lowest growth rate since the global financial crisis in mid-2009.

I can’t help feeling concerned about our