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Despite dramatic headlines, markets resume growth trajectory

S&P 500 is at an all-time high, rallying more than 20% since its drop in April and surpassing its last peak in February

    • Pakistanis celebrating the ceasefire between Pakistan and India on May 10. The market recovered five days after the first conflict, with the S&P 500 rising 0.2 per cent; and up 5.7 per cent 30 days after.
    • Pakistanis celebrating the ceasefire between Pakistan and India on May 10. The market recovered five days after the first conflict, with the S&P 500 rising 0.2 per cent; and up 5.7 per cent 30 days after. PHOTO: AFP
    Published Tue, Jul 29, 2025 · 06:26 PM

    [SINGAPORE] Recent world news headlines remind me of Michelle Yeoh’s award-winning movie Everything Everywhere All at Once, in which multiple events happen in parallel, creating different possibilities.

    Geopolitical trade tensions are happening alongside ongoing physical conflict between nations, while populations are feeling the effects of climate change as natural disasters strike communities unexpectedly and seemingly more often.

    The state of the world feels increasingly volatile, uncertain, complex and ambiguous, as every event threatens to upend financial markets and rattle the global economy.

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