2022 – what a year, between rising interest rates, inflation and wars.
US stock markets responded by entering a vicious bear market. Unlike 2020, there is no fast recovery in sight with central banks around the world tightening monetary policy.
Singapore banks like DBS, UOB & OCBC have not been spared. They have given up most of their gains from the start of the year.
Unsurprisingly, I’ve gotten a lot of emails about them.
One of the big questions is whether their dividends payouts are safe?
2020 – The Year of COVID
It was not too long ago that we were facing a different kind of economic slowdown.
One caused by COVID-19.
Those were dark times as no one knew what was happening. Governments around the world bungled their initial response, leading to horrifying images of death around the world.
Singapore was not spared and I still remember the sight of empty shelves in supermarkets....
