If there is one word to sum up what Singaporean investors are feeling today, it would be “uncertainty”.
As a nation, we are back in Phase 3.
Yet, we are not out of the woods.
Singapore is accelerating its vaccination roll out with a target of having three out of every four residents fully vaccinated by October.
Yet, last month’s return to Phase 2 is a reminder that the threat of the COVID-19 virus is still ever present.
The city state is on the road to economic recovery, logging a 1.3 per cent growth in its gross domestic product (GDP) for the first three months of the year.
Yet, many of the safe-distancing restrictions remain, hampering economic activity.
With so many competing viewpoints, it’s no wonder that Berkshire Hathway’s (NYSE: BRK.A) Charlie Munger said that it was normal to feel confused.
We are, after all, in uncharted territory.
When confronted with dissonance, it’s helpful to break down the information we have into digestible parts....