🌟🌟🌟The sea of green we celebrated so fiercely last week has been replaced by a familiar stinging red. The STI Index tumbled yesterday as conflict in the Middle East continues. Oil prices skyrocket toward $98 a barrel. The ghosts of inflation are knocking on the door again. Fear of higher for longer interest rates has forced institutional investors to hit the Sell button to lock in their profits.
It is timely reminder that no matter how fundamentally strong our economy is, we are tied to the unpredictable, chaotic currents of global geopolitics.
It maybe painful to see our paper gains evaporate but keeping a cool head is the best way to survive the storm.
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