With the trade war escalating, stock markets globally have taken a severe hit. Inability to answer all these questions related to market behaviour, policy and economics with conviction at this stage is reflective of the clouds of uncertainty hanging over markets, policies and the economy. One way to handle this is to question if it's a … Continue reading The Safe Bet Here is Continued Uncertainty
Sweden Economic Outlook – Financial Crisis or Recession?
I’ve noticed a tendency, particularly among younger people, to think about “financial crisis” as being interchangeable with “recessions.” In the US, many people describe the 2008 recession as a “financial crisis” and have think that we needed to bail out the banks in order to save the economy. But in reality, the financial sector in … Continue reading Sweden Economic Outlook – Financial Crisis or Recession?
‘Retail Apocalypse’ Now – SG Retail Landscape Doomed?
Yesterday, Isetan Singapore announced in an SGX filing that they will not be renewing their lease for its "loss making" store at Westgate Mall. https://www.straitstimes.com/business/companies-markets/isetan-not-renewing-lease-of-westgate-mall-outlet Widespread closures such as Crabtree and Evelyn have roiled the retail industry, but many more stores are likely to shut down in coming years to keep up with a shift … Continue reading ‘Retail Apocalypse’ Now – SG Retail Landscape Doomed?