Market Review and Trends
STI Outlook – As of 17th May 2020
By Loopholes Singapore  •  May 17, 2020
MMT continues in view of poor economic data As the COVID-19 situation progresses, we can expect more stimulus from the US, subject to both the senate and congress sentiments and approval. At the moment, Trump is acting up again with regards to the blame game and pointless flaunting. On the other hand, China has been playing a more mature character in recent months when other countries blame them for the pandemic. From my point of view, blaming a superpower in the world is not going to be effective. At most, there can be some diplomacy achieved but overall it does not solve the program, as with any “blame game” situations. In the coming week, the US will be announcing more plans for stimulus to help the economy and America and that might lead to another week of low volatility consolidation for STI. STI – Updated Weekly Chart Weekly...
Read the full article
By Loopholes Singapore
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance