atans1

2017: Put on yr parachutes and crash helmets

In China, Currencies, Indonesia, Malaysia, Property on 21/12/2016 at 7:08 am

Jeremy Cook, chief economist at payments provider World First, said a combative US and a strong dollar would put pressure on Singapore, South Korea and other parts of the EM universe that have relied on US funding and a free and easy trading environment, as well as Indonesia and Malaysia.

The president-elect represents “an almost existential risk to trade”, said Mr Cook.

FT

The good news for S’poreans will be that things will also be bad for Indonesia and M’sia: they are unhappy when neighbours do better. In the past these countries had often provided some relief for the S’pore economy, when other drivers were not working. Not next year though.

Ah well, expect more bitter tots from that very bitter man, TJS.  And S’poreans should worry about servicing their mortgages and jobs.

Every penny counts, so stop drinking BS

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  1. No worries man! Golden times ahead! Bad times are good times for bargain hunting. Maybe will pique my interest in SGX stocks after staying away for last 5 years. Local property will need to wait till 2018.

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