Dear readers, recently I saw the headline saying that an analyst firm forecasted that Singapore stocks would outperform its regional and international peers in year 2020. I did not read the report and my own humble opinion is that year 2020 could be more dynamic for all stocks markets including Singapore’s.
Given the above, nevertheless I think there is still a possibility that Singapore’s stocks markets could outperform its regional and international counterparts and I give you two scenarios below.
First, if year 2020 is a volatile year for all stocks markets and all stocks markets including Singapore’s ended up in negative territory, then perhaps Singapore’s stocks markets could be the one with the best magnitude of negative amongst all.
Second, we should not forget that Singapore’s stock market for Year 2019 is a modest one: a gain of 5% compared with over 25% for some of the American stocks markets. When we start off with a lower base, the percentage gain is higher.
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