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This week has been a roller coaster ride for investors. A weaker than expected US jobs number and an interest rate move by Japan’s central bank made markets topsy turvy. On Monday (5 August), the Nikkei lost 12 per cent, which was the worst day for the index since the “Black Monday” of 1987. The Straits Times Index sank 4 per cent. Was this an overreaction? Or could we see worse? Dan Chang, an investment specialist from PhillipCapital weighs in and shares his views on the current volatility and the Singapore market.
See omnystudio.com/listener for privacy information.
This week has been a roller coaster ride for investors. A weaker than expected US jobs number and an interest rate move by Japan’s central bank made markets topsy turvy. On Monday (5 August), the Nikkei lost 12 per cent, which was the worst day for the index since the “Black Monday” of 1987. The Straits Times Index sank 4 per cent. Was this an overreaction? Or could we see worse? Dan Chang, an investment specialist from PhillipCapital weighs in and shares his views on the current volatility and the Singapore market.
See omnystudio.com/listener for privacy information.
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