I raised an eyebrow as I came across an article on The Edge Singapore titled, "Deutsche Bank predicts US recession in 2023 as Fed boosts rates" [link].Deutsche Bank economists are certainly bold to stake their reputation on the line in calling for a 2023 recession in the United States. So far, none of the other Tier-1 banks have made this prediction. Their view is that the extra U.S. Fed tightening by late 2023 and early 2024 will cause the U.S. economy to suffer a major blow. In short, Deutsche Bank feels that the Fed will slam the brakes too hard in a bid to counter inflation. What does this mean for a small-time Singaporean investor like me? Well, the U.S. is Singapore's third largest trading partner, according to SingStat [link]. Any downturn in the U.S. economy and reduced consumer demand is likely to make a dent in the export-oriented industries...