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Jan 2021 – Hope & Exuberance
By Invest For Yourself  •  January 30, 2021
S&P 500 might have shed 1.9%, erasing its gains for January and 2021 to date and the last one week being its worst since October 2020. However, January 2021 has on a whole started with lots of hope in all markets (with vaccination started in many countries) and ended with plenty of exuberance in the US market (especially with game waging on GAMESTOP. Exciting to see and read but sadly I am sure someone will get terribly hurt in the end). COVID situation remains difficult though and Singapore is also feeling the “heat”. But I hold the hope that the situation will get better in the course of the year. While S&P 500 was down, the other 2 markets that I have significant exposure to had gained. Singapore STI rose 1.2% while Hong Kong Hang Seng index, buoyed by the Chinese investors, rose 4.0%. SINGAPORE STI My largest equity exposure is in Singapore, so it is nice to see STI outperforming the S&P 500 for a change but I know...
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