Hazelle
in Memos & Musings · 2 min read
Oil prices have reached the highest level since the start of the year, adding pressure to inflation. Brent crude oil, a global price benchmark, has topped the $90 mark which was a level last reached in November 2022. How would this impact the S&P 500 and investors?
Meanwhile, Apple Inc. which holds the heaviest weight on the S&P 500 was recently caught in the US-China tug-of-war where there were reports of China banning the usage of iPhones at work for the government employees. Its stock price has since retraced by more than 10% and putting some drag on the S&P 500 lately.
Singapore REITs started the year stronger but lost its ground after that. As we head into the last quarter of 2023, how can we seek investing opportunities amid a downward trending S-REITs market?
Last Thursday, we held a live Zoom sharing to do a quick market update and shared our views on the above events. If you missed the webinar, catch the replay video below!
You may also join our Telegram Channel to receive timely updates on our future sharing sessions.
About Hazelle
Chief trainer of The Moneyball Investors Playbook program and founder of The Joyful Investors, a financial education firm that seeks to help avid investors learn to invest better and make the journey a joyful one. I graduated with a first class honors in Bachelor of Accountancy from Nanyang Technological University (NTU) and started my auditing career in one of the Big Four. I believe that once we know how to build our wealth sustainably, we can then live our best lives ever.
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