What happened?
Despite its small size, Singapore is punching above its weight. Both Singapore equities and Singapore Dollar have outperformed strongly against its regional and global peers.Now, MAS policy is engaging in an early move towards dovish tightening. This could be a sign that a Fed pivot could be coming soon.
Here are my insights:
Singapore is thriving and outperformingSingapore is a safe haven MAS policy could be a harbinger of a Fed pivotSingapore is thriving and outperforming
A record 302,000 fans attended the F1 Grand Prix in Singapore last month. There are so much foreign visitors that the average hotel rates exceeded a historical high of S$440 per night for previous F1 periods. Residential rentals continue to surge. Car prices are incredibly high. Cafes and restaurants are packed. Singapore is clearly the place to be.
Singapore’s thriving economy is reflected in the strong relative performance of its
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