It has been a full week since Phase 2’s Safe Transition kicked in.
Life has resumed some level of normalcy, with hawker centres and malls full of people dining and shopping.
Aside from the masks worn by everyone, things seem almost normal.
However, countries such as the US are seeing a spike in COVID-19 cases in what is turning out to be the dreaded “second wave” of infections.
Investors may see a disconnect between the damage done to the economy and how the stock market has performed in the last four weeks.
Some may feel jittery and nervous as they fear an impending collapse in earnings and dividends for the companies within their portfolio.
Our advice, as always, is to keep calm and carry on investing.
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