CDC vouchers and government payouts can help offset rising costs in Singapore, but might not cover everything. Think of it as a bit of extra cushion 😊. In short, got something's better than nothing 😬😜
The long-term outlook remains strong, but expect high volatility in the coming weeks as the market decides if $4,500 is the bottom. If $4500 hold, it opportunities to buy the dip before a rebound toward $5,000. If $4,500 breaks, the price could slide further toward $4,000–$4,300 as technical selling accelerates. 🙏🏻
Goldman Sachs warns of "more pain" ahead, eyeing a full 10% correction that would require another 5 percentage point drop from current levels. When that happens, I will deploy my dry powder to buy more at a discount. 😜
Major indexes (Dow, S&P 500, Nasdaq) are all down between 1.2% and 1.8% due to rising Middle East tensions and oil hitting $100/barrel. So safe haven for short term are Energy and Oil stocks.