$Singtel (Z74.SG)$ The US stock market has gone up too high ...
The US stock market has gone up too high and too expensive to buy and risks are high with such a big bubble in place. Asia markets (SG, HK etc) except Japan, are very cheap and attractive to buy and risks are low with no bubble at all. When the US stock market dropped, it will be beneficial for Asia markets as they don’t take cue from Wall Street like the past.
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101526482 : My take is that the trend is when US Market drops, STI will follow suit. But when US Market rises, STI doesn’t follow. This is the trend for the time being. All the funds are there. Correct me if I am wrong though
103526748 : Wait patiently for the funds to return
Deep SeaOP 103526748: Yup.
Deep SeaOP 101526482: The gamblers are playing US stocks. Need US correction for funds to exit that market.