$OCBC Bank(O39.SI)$ OCBC is po

$OCBC Bank(O39.SI)$ OCBC is poised to rise further, given that the FED is unable to lower interest rates anytime soon. The war in Iran is escalating again which will send more Middle East wealth into Singapore. The war will also not end anytime soon. All these are tailwinds for our local banks. There are also regional economic turmoil that are pushing wealth into Singapore. OCBC's ROE is in double digits and for a behemoth, that is impressive because the profits are in the billions. The SG JB special economic zone will add a lot of business for OCBC and UOB. So all in all, OCBC is primed for an outstanding year and years ahead.

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