Markets in 'rational exuberance' but risks lie ahead
Investors should watch for "geopolitical developments and technology's sphere of disruption and behaviour modification in areas such as finance, healthcare, retail and transport"
US stocks rose last week to record highs and the gains should continue this week as traders bet massive tax cuts will stimulate more economic activity.
Most years end with a "Santa Claus" rally, but this year, Santa has more goodies than usual to put into investors' stockings.
The US Senate and House of Representatives reportedly agreed on a compromise tax reform bill, with Florida Senator Marco Rubio among the last holdouts to sign on after his demand that poor families receive more favourable tax treatment for having children was met.
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Capital Markets & Currencies
Europe: Shares end higher on tech support; banks slide
US: Stocks rally on cooler hiring numbers
Singapore stocks end week in the red; STI down 0.1%
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%