“Chief Twit” Elon Musk is not the only one having his time in the sun after taking control of Twitter. The US market also saw a lift this week as the economy proved to be resilient and investors speculate a slowdown in interest rate hikes. In Singapore, applicants to the 6-month treasury bill were rewarded with an interest rate of 4.19% per annum in the latest auction. However, there isn’t much to cheer for Mark Zuckerberg, investors of big tech (ex Apple), and Chinese stocks. Such is the contrast in fortunes as rising inflation and an economic slowdown have affected companies differently. These leaves us with a few key events to look out in the coming weekFed officials are meeting again, and investors are bracing for another 0.75 percentage point (0.75%) increase in interest rates. Read our preview here.The Singapore results season goes into full...
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Using Hospitalisation & Surgical Insurance To Get Free Medical Checkup and Medical Treatment at Private Specialist Clinics- Beware of the Consequences.
By Investment Income for Life • April 23, 2024
