To The Moon

Beware of second-order impact In Budget 2023, the Singapore government has noble intentions to fight inflation. However, the Budget measures could drive up inflation instead of bring it down. This is due to the second-order impact from measures such as cash handouts and higher taxes. Here are my insights: Inflation Drivers Demand-pull inflation Wage-push inflation Higher HDB Grant Higher property taxes Higher tobacco tax Disinflation Driver Boosting innovation and productivity Inflation Drivers Demand-pull inflation Singapore's 2023 Budget plans to give up to S$9.6 billion in handouts. Total cash distributed to eligible residents would be up to S$1,300 in 2023. In total, S$600 worth of CDC vouchers will be granted to Singapore households in 2023 and 2024.

Update from previous trading day (2023-02-16) – accuracy adjusted from 60% to 25%. More news data source and cleansing needed to better predict amidst market volatility. Market was down, all 3 indexes lost more than 1%. January PPI rose 0.7%, beat the expectation by Dow Jones. This is due to hot inflation data (PPI) released which suggest that inflation is still high, maybe Fed will continue the rate hike at longer frequency and higher rate. We have 25% accuracy. With NASDAQ having the biggest loss -1.78%, DJIA lost -1.26%, and S&P 500 loss -1.38%. Trading Day for US is 2023-02-17 Here is the predicted list of stocks. Sentiment Analysis Score We have 7 BUY stocks today. I shall cover the following stock from today predicted result list.