Singapore is ready to reopen economy, will Stocks go up?
Singapore is ready to reopen its economy from circuit breaker! But I am not sure investing in Stocks will be beneficial at this time.
The Straits Times mentioned that "While a decline in interest rates is generally seen as good for stocks, the benefits of Singapore's slide towards negative territory are far from certain."
"Falling rates and sovereign yields mean that stocks would appear more attractive versus bonds," said Mr Eli Lee, head of investment strategy at Bank of Singapore.
"Containment will be the key issue for share prices," said Mr Paul Sandhu, head of multi-assets quant solutions and client advisory for the Asia-Pacific at BNP Paribas Asset Management.
Any thoughts, dear experts?
#Reprint from The Straits Times. The copyright all reserved by the original author.
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