02-10-2022, 09:52 PM
02-10-2022, 11:26 PM
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.
![[Image: 5YUKzHE.png]](https://i.imgur.com/5YUKzHE.png)
Look at the bubble on S&P500.....after recent drop it still has not gone down to the pre pandemic level
![[Image: olmcX1p.png]](https://i.imgur.com/olmcX1p.png)
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