14-10-2021, 08:38 PM
(14-10-2021, 08:31 PM)sgbuffett Wrote: The Singapore market was so ignored and disregarded it spent 14 years without hitting a new high.
The relative valuation vs other markets is just too large...this is the same for HK market...just the hint of earnings recovery will drive the Singapore market up very quickly.
If you look atvthe 2007 run up to the peak it was rapid taking a few months.
The global markets is now in a sweet spot with the Evergrande failing to generate a much feared implosion and the Fed softening it's stance.
Lj