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3 Singapore Stocks That Can Keep Your Money Safe During a Recession
By The Smart Investor  •  May 31, 2022
It’s natural to feel worried when you read the recent news headlines. Amid ongoing troubles in the world such as the Russia-Ukraine war and high inflation, Prime Minister Lee Hsien Loong has warned that Singapore could face a potential recession within the next two years. Dwindling fish stocks in Malaysia and an export ban on chickens have caused prices of both fish and chicken to soar. A recession may sound scary but is a normal feature of a mature economy. Singapore, being reliant on external trade, will find it tough to avoid a downturn if other countries experience lower demand for goods and services. On the investment front, there’s a similar need to ensure your stocks can remain resilient in the face of economic stress. Such businesses are normally in recession-proof sectors or sell essential goods and services that people need. Here are three Singapore stocks that you can safely...
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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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