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Will There Be Light At The End of The STI Tunnel?
By A Path to Forever Financial Freedom (3Fs)  •  November 3, 2020
As of 31st October 2020, the STI index had lost 24.9% year to date. We are once again in the market cycle where fear and turbulent times are over-riding investors' sentiments towards the market. In fact, a Bloomberg news article reported last week that Singapore and Thailand are two of the worst-performing market in Asia with the two markets down 24.95% and 24.96% respectively. Singapore, being an open export-oriented economy, struggled to find its feet under the radar after a soft reopening in the economy fails to spur up buoyant in the market. For the older investors that have been around in the market for a while, this isn't something new that they've encountered in the market. Let's take a look back at how STI performed in past global recessions and how it managed to bounce back. STI Market Performance (1987 - 2020): Singapore is a mature open state with a focus on productivity in manufacturing and an export-oriented economy....
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By A Path to Forever Financial Freedom (3Fs)
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