Market Review and Trends
Smart Thought Of The Week: Recession
By The Smart Investor  •  October 8, 2020
John F Kennedy’s said in his 1961 presidential inaugural speech: “Ask not what your country can do for you – ask what you can do for your country.” At that time, he urged every American to contribute in some way to the public good. Our job today is to try and do our part to revive our economies. Some of us might ask – and rightly so – what mere mortals like us can do that could possibly make a difference. It’s true. As individuals our contribution is limited. But as a collective, our contributions could be immense. Let’s not forget that together we drive household consumption, which is one of the most powerful levers of economic growth. Worryingly, many of us are reluctant to spend. And whilst that is understandable, it is also irrational. In a recent commentary on CNA, I pointed out that governments, central banks and even the private sector...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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