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As US recession fears resurface, Singapore must stick to the long game
Cutting through the market noise and remaining committed to a long-term strategy is a safe bet amid the uncertainties.
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In just a week, the S&P 500 fell 6.1 per cent while the CBOE volatility index spiked from 16 to a high of 61.
ST PHOTO: DESMOND WEE
Selena Ling
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The old saying goes that when America sneezes, Asia catches a cold.
When the recent US labour market report reported non-farm payrolls increased by a smaller-than-expected 114,000 and the unemployment rate rose to 4.3 per cent,
