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Can you stomach a stock market drop?

Rebounds could be instantaneous. Or not. The question is whether you can wait till the market recovers

    • The Straits Times Index is at its highest level in six years. Other Asian markets have risen as well.
    • The Straits Times Index is at its highest level in six years. Other Asian markets have risen as well. PHOTO: BT FILE
    Published Tue, Jul 23, 2024 · 04:30 PM

    WITH all that is going on in the political arena, it is easy to overlook the many stock markets around the world that have been on a bit of a tear. While many of us have been busy digesting key elections in India, the UK and France, investors have been piling into shares.

    It would seem that Narendra Modi’s failure to win a super majority in India, the Labour Party’s taking the helm in the UK after 14 years in the political wilderness, and France’s narrowly avoiding an ultra-right government haven’t mattered a jot.

    And let’s not forget the upcoming US presidential election that has turned into a bit of a farce. That doesn’t seem to have dented investor sentiment, either.

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