In 2016, I did close to nothing with my portfolio other than increase my position in Super Group in February and March. One year later, after a very politicised American Presidential Elections, the Straits Times Index has recovered strongly moving a upwards from February, with an initial speed bump. This is in line with what I had forecast along with my spot on prediction that Donald Trump would win the elections.
I do not think the market is frothy yet. Once Saudi Aramco manages to IPO, we should see some mega deals although there is nothing in the pipeline for Singapore. My guess is 3-6 months from the Saudi Aramco IPO, we should see a market top that will follow a massive correction. In this scenario, I am not sure how Donald Trump can make america great again.
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