$DBS (D05.SG)$ now

Btan : wait at 45

104389782 Btan : I think 45 is not likely unless catastrophic event like Covid.

Limmocello ♪ Btan : whole economy crash first but unlikely

mobilebilly : now the risk is china has the determination to crush the us economy even if it hurts china’s economy themselves, both countries are important to the global economy. Countries like SG has a open economy and will be impacted harder.
Covid give us a short supply chain interruption only, and a trade war could give the world a larger impact, not to say if it move beyond cold war.
At the moment, I hope both side back off and de-escalate the trade war

mobilebilly mobilebilly : just to be clear, i am not referring to any single stock, but still thinking about the impact as a whole.

104389782 mobilebilly : I don't think this will happen. China has 1 over billion people to feed, to ensure their graduates r employed. The rare earth and tik tok are their bargaining chips are to get a more equal tariff rate compared to other countries. Our President Tharman yesterday advocated both States and China to work together and not decouple. U can take this as our President helped them to save face to start talking with each other.

mobilebilly 104389782 : Lets hope for the best, but China is not a democratic country, they dont blink an eye to sacrifice their people if they can crush the US economy.

SG-D mobilebilly : A bottle of soy milk priced at 5 yuan (Made in the USA)