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Probably not. Although day to day is hard to say but I won't be too concerned about STI.
The STInis below pre COVID peak while the S&P500 is still way above. The s&p500 bubble is being dedlated while there is no bubble in SG market to deflate. Also, Singapore Isa nit entering recession while US & Europe are.
So STI is cheap and still make sense for foreign and local investors to buy. I won't be surprised once S&P500 becomes more stable, STI goes up faster.
Look at the bubble on S&P500.....after recent drop it still has not gone down to the pre pandemic level
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 02-10-2022, 11:30 PM by
sgbuffett.)