What happened with GameStop?
With the recent race to zero commissions in US, have you ever wondered how brokerages make any money? Will zero commissions come to Singapore?
US stocks had the best month since 1987 amidst the economic devastation wrought by COVID-19. Could this be a sucker rally? Is it irrational? Or it could just be the nature of a very complex market.
How should we use the cash payouts from the government? The answer is it should be no different than the money we earn. However, in reality, we are susceptible to mental accounting.
My supermarket timing was really bad. When the Singapore government raised the Disease Outbreak Response System Condition (DORSCON) to orange (which was the second highest level of emergency) imposing restrictions on day-to-day movement in early Feb, I just happened to run out of essentials. So I made a trip to the supermarket to buy fresh… Continue reading Has The Market Bottomed? Is It Time To Enter The Market?
In part 2 of this series, I will explain about the fiscal policy response from governments to the COVID-19 crisis.