Market Review and Trends
Top News this Week (19 Feb)
By Financial Horse  •  February 19, 2023
Rounding up top investing articles from around the web, including articles shared in our Facebook Group and Reddit Community: r/SingaporeInvestments.

US Air Force may have shot down hobby club’s balloon worth US$12 with US$439,000 missile (Straits Times)

The United States Air Force (USAF) launched a US$439,000 (S$587,000) missile to take down a flying object that might prove to be something quite unremarkable: a US$12 (S$16) hobby balloon. A hobby group in the US, the Northern Illinois Balloon Brigade, was reported by The Guardian as saying that one of its pico balloons had gone “missing in action” over Alaska on Feb 11, when a USAF F-22 fighter jet coincidentally shot down an object flying in the vicinity of Canada’s Yukon territory.

Building a resilient Singapore: Breaking down Budget 2023 (Straits Times)

Budget 2023 tried to address many of these issues head-on. To...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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