Is October the month of stabilisation or destabilisation?
Last week’s market sentiments were evidently negative due to the rising cases in Singapore as well as the threatening outlook of US shutting down its federal government if they choose not to sign the bill or an extension. To be honest, it wasn’t news to anyone long enough in the game as there is a seemingly unlimited room for US to pile on its debt. Although warning signs are starting to appear, such as the dangerously high inflation rates (> 5%) that is set to last until 2022, no country trading internationally with USD will raise red flags when US continue to print more cash as it will also implicate their own currency. That said, are we going to henceforth see an ever rallying stock market and a stable global market? All of that remains to be seen but one can only expect that the...