Dear readers, what a volatile week the US stocks markets have been! On 19 May 22, US stock markets went south from 3.57% to 4.73%! And it seems that analysts have run out of explanations for the more regular volatilities that we are seeing on the stock markets!
Other analysts are more direct, pointing out that we are in the middle of the second dot com bubble!
I have shared that if there is a next stock market corrections, the Straits Times Index could drop to at least 2,240 by Oct 2022; find out why here.
Ask yourself: what will you be doing in the next stock markets corrections? Will you be locked out of opportunities, after having most of your monies locked in investments? Or will you already have an investment warchest ready to take advantages of the stock markets opportunities?
With volatilities in the stock markets and on the back of high interest rates , as much as 1.68% per annum offered by a Singapore bank, it is no wonder that there are long queues in the banks for account openings of fixed deposits.
And it is no wonder that many are also looking forward to the mid-year bonuses their employers would be paying.
And it is also no wonder, that on the back of high cost of living, a group of new heroes have appeared in the midst of us all.
Have a Nice Sunday and a Good week ahead! Please continue to Stay Safe!
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