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Chitchat :D STI finally crosses 3000 :D

kryonlight

Alfrescian (Inf)
Asset
See, Trump is good for Singapore! And the US has a trade surplus of 14.3 billion with Singapore in 2015. China can go fuck herself when Trump takes office.

Trump effect: US small business optimism soars, companies planning to increase investments and hiring

Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential election.

The National Federation of Independent Business’s index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. While seven of the 10 components increased in December, 73 percent of the monthly advance was due to more upbeat views about the outlook for sales and the economy, the Washington-based group said.

The share of business owners who say now is a good time to expand is three times the average of the current expansion, according to the NFIB’s data. More companies also said they plan to increase investment and keep hiring, which reflects optimism surrounding President-elect Donald Trump’s plans of spurring the economy through deregulation, tax reform and infrastructure spending.

“Rising confidence adds to the economy’s upward momentum,” Jim O’Sullivan, chief U.S. economist at High Frequency Economics in Valhalla, New York, said in a note. At the same time, the “NFIB membership appears to be disproportionately Republican, so it is possible that the data will start overstating strength, opposite the pattern during the Obama administration.”

The NFIB report was based on a survey of 619 small-business owners through Dec. 28. Small companies represent more than 99 percent of all U.S employers, according to the U.S. Small Business Administration. A small business is defined as an independent enterprise with no more than 500 employees.

Fifty percent of respondents, the biggest share since March 2002, said they expect better business conditions in the next six months. That was 38 percentage points higher than in November. The net share of firms projecting higher sales jumped by 20 points to 31 percent. Some 29 percent say they will boost capital outlays within six months.

“We haven’t seen numbers like this in a long time,” Juanita Duggan, president and chief executive of the NFIB, said in a statement. “Small business is ready for a breakout, and that can only mean very good things for the U.S. economy. Business owners are feeling better about taking risks and making investments.”
 

frenchbriefs

Alfrescian (Inf)
Asset
2007 is oredi history. .. 2017 is a new beginning. .

thats the point....its already 2017 and sg is still struggling below 2007 peak(sti peak was around 3800) .....meanwhile US snp 500 has not only recovered to the 2007 high 1400 back in 2012,it has already reached a peak of 2270.

SG is supposed to be highly correlated to US stock market but apparently its been going down the toilet since 2008.if sti was on par with snp500 it should be around 6000 now.....
 
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rotiprata

Alfrescian
Loyal
thats the point....its already 2017 and sg is still struggling below 2007 peak(sti peak was around 3800) .....meanwhile US snp 500 has not only recovered to the 2007 high 1400 back in 2012,it has already reached a peak of 2270.
.

what's the point of looking back?.. look forward. ..like the Taiwanese loves to sing..
. tomorrow will be a better day.. :smile:
 
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