A Hawkish Fed Equates to a Strong Economy?
The GDP data is also expected to provide some boost for broader market and smaller capitalised stocks (above) have lagged behind larger cap stocks in the recent rally, as investors search for value within the current bull market.
Singapore market (STI) continues to trend down in recent months (above). However, there are some selective long trades that could be considered. Investors should carefully evaluate the risks before entering any long positions.