Mixed Performance Across U.S, China & SG Stock Markets – Here’s What You Need To Know


in Memos & Musings · 2 min read

After rallying nearly 20% for the S&P 500 since the start of 2023, the market rally has been halted with a retracement in the past couple of weeks. Should investors be cautious about this pullback?

Meanwhile, the recovery of China tech stocks remains choppy. Alibaba for instance, saw bigger price advances and declines during the year which resulted in a muted overall performance year to date.

Similarly in Singapore, the performance of the overall S-REITs market remained underwater. Are REITs really stable and safe investments, just like what we have always been told? We will share with you some areas that are less spoken about so that investors can have a realistic understanding of income investing. 

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.

Important Information

This document is for information only and does not constitute an offer or solicitation nor be construed as a recommendation to buy or sell any of the investments mentioned. Neither The Joyful Investors Pte. Ltd. (“The Joyful Investors”) nor any of its officers or employees accepts any liability whatsoever for any loss arising from any use of this publication or its contents. The views expressed are solely the opinions of the author as of the date of this document and are subject to change based on market and other conditions. 

The information provided regarding any individual securities is not intended to be used to form any basis upon which an investment decision is to be made. The information contained in this document, including any data, projections and underlying assumptions are based upon certain assumptions and analysis of information available as at the date of this document and reflects prevailing conditions, all of which are accordingly subject to change at any time without notice and The Joyful Investors is under no obligation to notify you of any of these changes.

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