The Business Times
business-time-50
COMMENTARY

This bull market still has legs, so stand still

    • Bull markets usually run long and strong, although there will be wiggles along the way.
    • Bull markets usually run long and strong, although there will be wiggles along the way. PHOTO: BLOOMBERG

    Ken Fisher

    Published Mon, Oct 2, 2023 · 05:00 AM

    “DON’T just do something. Stand there!”

    Legendary US investor Jack Bogle’s words are sage investment advice when a bull market wiggles, as it is doing now.

    I have long called the stock market The Great Humiliator. It is again trying to shake the timid from its nascent upturn with scary stories about China weakness, declining global trade and slumping Singapore dealmaking activity.

    S&P 500Straits Times Index

    TRENDING NOW

    Just under two-thirds of affected homes are expected to be in London, according to estimates by estate agent Hamptons, and the government has said that it will use a home’s size and nearby sale prices nearby to judge the value of a property. 

    Britain’s mansion tax shows the difficulty of targeting wealth

    Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

    Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

    Cisco’s Tay Bee Kheng says that her value-add as the tech giant’s Asean chief lies in identifying what each regional market needs specifically, and presenting that to her global bosses.

    The only common thing in S-E Asia is that we all eat rice: Cisco’s Asean president

    Artist’s impression of a planned DayOne data centre in Singapore. The company is part of a wave of firms in the sector eyeing IPOs as soon as 2026.

    Singapore data centre operator DayOne opts for US IPO at likely US$20 billion valuation

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More