SG Talk

Problem in economy tends to shift.
Today inflation abates ..

Recession likely to come...nobody knows for sure but given high debts levels the massive spike in interest rates can have serious impact. For example housing market is slumping sharply.

Asian economies appear to be able to skirt a recession so long as the recession in US is mild.
The momentum from opening up from Covid pandemic offers a strong uplift for Asia.

Latest recession forecast..
UK and Europe will go into recession first.
Then the US.

This allows room for Asia to stimulate and grow as we are not suffering severe Ii inflation