Market Update – recession
Recession risks are getting higher each day.
For those who are into the market news would have realized that the conditions of the market are getting more and more volatile each day. It can up a lot one day and then down a lot for the another day (I mean for US market).
For Singapore Market, it is generally quite stable since most investors are just holding for dividends. However, do not forget that when the big brother sneeze (US), the rest of the world might get a cold too. If big brother sneeze consistency (perhaps coming soon), let’s better be careful. No matter how stable, it will still be affected somehow.
Interest rate
For those who remembered, the market started off quite well this year but starts to get a little volatile in mid-February. The interest rate also drop as people expects and think Fed “will pivot” early Feb....