Rocky road ahead, but market is not without opportunities

Analysts cite the United States-China trade war and Brexit as causes for the lower growth forecast for Singapore.
TRADE WAR: Analysts cite the United States-China trade war and Brexit as causes for the lower growth forecast for Singapore.PHOTO: AGENCE FRANCE-PRESSE
Markets have already priced in a disorderly Brexit. British prime minister Theresa May's stepping down, though surprising, did not create a further dent on asset prices.
BREXIT: Markets have already priced in a disorderly Brexit. British prime minister Theresa May's stepping down, though surprising, did not create a further dent on asset prices.PHOTO: ASSOCIATED PRESS
Will Ms Annegret Kramp-Karrenbauer (left),leader of the Christian Democratic Party take over from Dr Angela Merkel as the next German chancellor?
GERMAN ELECTION: Will Ms Annegret Kramp-Karrenbauer (left),leader of the Christian Democratic Party take over from Dr Angela Merkel as the next German chancellor?PHOTO: DPA

Volatility could present the smart investor with a chance to snag undervalued stocks

Global uncertainties, including the trade war, will continue to cast a shadow for the rest of this year, putting pressure on stock markets that were upbeat in the first half of the year.

But bright spots remain as market volatility will present opportunities for attentive investors to snap up undervalued stocks, analysts said.

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A version of this article appeared in the print edition of The Sunday Times on August 18, 2019, with the headline 'Rocky road ahead, but market is not without opportunities'. Print Edition | Subscribe