Market Review and Trends
Smart Thought Of The Week: Trouble
By The Smart Investor  •  August 18, 2021
What a crazy few weeks it has been for investors. And just when we thought that things couldn’t get any crazier, the market takes another gut-punch from out of the blue. Firstly, there were the bizarre antics from Chinese regulators. They had decided to force private-tuition companies to become non-profit organisations. Whoever came up with that idea must be one sandwich short of a picnic. It now turns out that private tutors have outsmarted the regulators. They are offering their services on a one-to-one basis to children of well-heeled parents who have the ability to pay greatly elevated prices. Previously, many middle-income families could also take advantage of tuition services thanks to economies of scale. But now, only the wealthy can afford to give their children a better start in life. Brilliant! Next, we have the uptick in the number of cases of the delta variant of COVID-19. It is wreaking havoc around the world....
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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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