More aggressive, for 2024 is expected to be a year of equity growth.
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$ThaiBev(Y92.SG$ can break $0.60 today?🧐
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it’s good for the equity markets to have a correction after a bull run in order to gather strength for the next move. The Fed should calibrate a rate hike that is suitable for the economy to slow the inflationary pressures and not too hawkish to send the economy into a recession and spook the markets.
It will be a great event ,if it happens. My next car will be an EV, May be a Nio, if not a Tesla.
That will be my buy trade on SGX on the way down. It was in the oversold region, which fits my buying criteria. Should have waited for it to stabilise before going in. And also should have set a cut loss(risk mgt say at 5%). Still holding, now down at ~20%. Lesson learned. 😅
There is room for S&P to run higher in the next couple of years.
$NIO Inc(NIO.US$ Bu... Cheap2!
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