This has been another good month for stocks. Currency wise USD went weak as more of a correction, and overall still doing fine as the fx operations has countered its effect.
For local markets, I'd kind of think caution is needed. The recent recovery of export and economy data may be due to a weaker Sgd and seasonal effect. Now Sgd has recovered stronger and fundamentally speaking, challenges are still there. As for now I'm vested with Reits & Trust with overseas exposure and no retail business dependency.
I'd look forward to the developments coming in Mar. I kind of think Fed would increase rate this time.
Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.
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Wockhardt gets warning for Morton Grove facility.
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