Market Review and Trends
Top Stock Market Highlights of the Week: The Global Economy, China’s COVID Easing and CapitaLand Investment
By The Smart Investor  •  December 10, 2022
Welcome to this week’s edition of top stock market highlights. The global economy The world economy is in shambles. At least, that’s what Bloomberg Economics believes. The research company has concluded that the global economy is facing one of its worst years in three decades as a plethora of troubles descends on it. First off, there are energy shocks caused by the ongoing war waged by Russia against Ukraine. The Eurozone may see a recession next year while the US could end the year with a downturn as rising interest rates slice off a significant chunk of consumer demand. The US is also facing persistent inflation, setting the US Federal Reserve on a path of increasing rates that should stay till the first quarter of 2024. Economists from Bloomberg peg next year’s global growth rate at just 2.4%, down from the estimated 3.2% chalked up this year. However, it is...
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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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