Dear readers, today’s biggest news headline needs no reintroduction: the killing of Iranian top General by the United States and the subsequent vowing by Iran of a revenge for the killing of its top general.
The uncertainties
seemed to have caused the stocks markets to head south as Singapore’s, along
with its other overseas peers headed south. Before this latest incident on the
US and Iran tensions, I shared with readers yesterday how the Singapore’s
stocks markets having been overbought is likely to correct. With this latest
geopolitical development, I believe more uncertainties will be on the card for
the stocks markets including Singapore’s.
I think
the world right now is on the alert for a possible response by Iran and which if
is of an adverse nature could only spell more trouble for the world and the
stocks markets.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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