Dear all
It has been a while since I last published a post on my blog. I have been extremely busy with clients, trades and appointments, especially with 1-1 meetings with C suite management of listed companies. Readers can refer to my Linkedin HERE to see my activities and which companies I have met on a 1-1 basis.
Based on Table 1 below, since 9 Apr, STI has fallen 71 points or 2.2% from an intraday high of 3,248 to close 3,177 on 19 Apr. S&P500 has fallen 258 points or 5.2% in seven out of eight days to close 4,967 on 19 Apr.
Source: InvestingNote
Concerns over escalating tensions over Iran / Israel; reduction in the number of interest rate cuts and pushing back of the timing of the first rate cut; rising U.S. 10y bond yields; weakening U.S. markets, strengthening of US$, mixed economic data in China...