Commentary

Market fundamentals unchanged despite harrowing twists and turns

In the last two weeks, investors have been on a disorientating roller-coaster ride:

• Aug 14: S&P 500 falls 2.9 per cent - fear of recession rises as the two-year to 10-year yield curve inverts for the first time in 12 years.

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A version of this article appeared in the print edition of The Straits Times on September 02, 2019, with the headline 'Market fundamentals unchanged despite harrowing twists and turns'. Print Edition | Subscribe