Will STI Drop 30-40 pts Tmr? - Printable Version

+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Will STI Drop 30-40 pts Tmr? (/Thread-Will-STI-Drop-30-40-pts-Tmr)

---

Will STI Drop 30-40 pts Tmr? - lvlrsSTI - 02-10-2022

---

RE: Will STI Drop 30-40 pts Tmr? - sgbuffett - 02-10-2022

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

---