STI TO REACH BELOW 2,500 BY END 2019

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Singapore Stocks
Dear readers, yesterday I shared a post on SSI's Facebook dated a year ago where an analyst shared her perspectives of the performance of the STI by end 2019. The analyst was of the view that the STI could reach 4,400 by end 2019 (you could visit the aforementioned post here ).
To be fair, the analyst in the above post made her forecast of the STI for year 2019 a year ago and hence I believe like many analysts, she would not have expected the rather rocky stocks markets for this year. This, compared with what I have said a year ago that my advice for investing in year 2018 is for investors to be "Cautiously Optimistic" (you can read my post here).

As for my own forecast for Singapore stocks in Year 2019, if you are a regular reader of SSI, you would have known that I hold a bearish view of global equities in Year 2019. And I expect the Singapore stocks markets to go into bear market when the STI heads to 2,880 (20% down the 3,600 intra-year high of the STI in year 2018). I would go so far to say the STI would go below 2,500 for year 2019.  



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