The Economy is Booming right now!
According to this Aug 2022 article, the rich are spending more on luxury brands despite of high inflation!
They are going after a pair of sneakers worth USD 1,230 as well as the Ferrari 812 GTS that starts from USD 600,000!
Not only that, the COE price in Singapore also went up further, with CAT B cars up SGD 5,000 to SGD 112,001, and CAT A cars up SGD 7,889 to SGD 87,889!
So, what to do you think? Will FED increase interest rates in their 20-21 Sep 2022 meeting, and by how much?
(You may choose more than one.)
(You may choose more than one.)
Always remember to DYODD (Do your own due diligence) when making any kind of investment.
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MxSami : screw the rich
Mars MoooOP MxSami: