27-07-2024, 10:05 AM
2004 to 2022.
Thai SET is darker line S&P500 is lighter line.
S&P500 only broke even in 2022
![[Image: ECCgVY4.jpeg]](https://i.imgur.com/ECCgVY4.jpeg)
After 2022 the S&P500 surge up while SET fell
This is the same across all emerging markets and HK/China.
How the market becane desynch is
1. Interest rate hikes causes stocks to fall...in general.
2. The S&P500 and Nasdaq has an exceptional group of large cap tech stocks immune to interest rate and growing rapidly.
The impending rate cuts will cause a great reversal from s&p500 and Nasdaq to various other asset class including emerging markets, bonds and even Singapkre market can benefit from this.
Thai SET is darker line S&P500 is lighter line.
S&P500 only broke even in 2022
![[Image: ECCgVY4.jpeg]](https://i.imgur.com/ECCgVY4.jpeg)
After 2022 the S&P500 surge up while SET fell
This is the same across all emerging markets and HK/China.
How the market becane desynch is
1. Interest rate hikes causes stocks to fall...in general.
2. The S&P500 and Nasdaq has an exceptional group of large cap tech stocks immune to interest rate and growing rapidly.
The impending rate cuts will cause a great reversal from s&p500 and Nasdaq to various other asset class including emerging markets, bonds and even Singapkre market can benefit from this.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.