More Pain Predicted For Singapore Stock Market

RTTNews2023-03-13

The Singapore stock market has tracked lower in three consecutive trading days, slumping almost 70 points or 2.1 percent along the way. The Straits Times Index now rests just above the 3,175-point ...

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Shan_138
·2023-03-13
hhh
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Cedric77
·2023-03-13
The Silicon Valley Bank collapse just clipped the Fed's ability to raise rates. This is not a credit event but a collapse in bond prices. The bank borrowed from depositors and bought the safest assets (on paper) such as government and mortgage bonds. The spike in rates and bond losses cratered its balance sheet triggering panic among depositors. The contagion is enormous in the US, which the Fed cannot ignore. The direct impact is business failures from loss of deposits and the inability to refinance loans. The indirect impacts are bank runs across other regional banks, tighter credit standards and the selling of other assets in the hunt for liquidity. This too shall pass and can pass faster if Fed discounts SVB bonds at book value or small discount. US bank ETFs look like an opportunity.T
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- slsong:
  ok
  2023-03-13
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- WKB:
  Ok
  2023-03-13
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- GordonLee66:
  Good sharing.
  2023-03-13
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Blessedme
·2023-03-13
SG banks prices are coming down due to domino effect of SVB and SBNY. US banks prices are coming down. History tends to repeat itself like Lehman Brothers.
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Humama888
·2023-03-13
Sad 😞
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The Straits Times Index now rests just above the 3,175-point ...</p>\n\n<a href=\"https://www.rttnews.com/3349739/more-pain-predicted-for-singapore-stock-market.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.rttnews.com/3349739/more-pain-predicted-for-singapore-stock-market.aspx?type=acom","article_id":"1130115368","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130115368","pubTimestamp":1678665707,"columns":[],"sourceInfo":{"source_id":"lsy1626938412129","name":"RTTNews"},"weMediaInfo":null,"summary":"The Singapore stock market has tracked lower in three consecutive trading days, slumping almost 70 p","collect":0,"end_time":0,"defaultTopTitle":"rttnews.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"新加坡股市将遭遇更多痛苦","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"The Singapore stock market has tracked lower in three consecutive trading days, slumping almost 70 points or 2.1 percent along the way. 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This is not a credit event but a collapse in bond prices. The bank borrowed from depositors and bought the safest assets (on paper) such as government and mortgage bonds. The spike in rates and bond losses cratered its balance sheet triggering panic among depositors. The contagion is enormous in the US, which the Fed cannot ignore. The direct impact is business failures from loss of deposits and the inability to refinance loans. The indirect impacts are bank runs across other regional banks, tighter credit standards and the selling of other assets in the hunt for liquidity. This too shall pass and can pass faster if Fed discounts SVB bonds at book value or small discount. US bank ETFs look like an opportunity.T","listText":"The Silicon Valley Bank collapse just clipped the Fed's ability to raise rates. This is not a credit event but a collapse in bond prices. The bank borrowed from depositors and bought the safest assets (on paper) such as government and mortgage bonds. The spike in rates and bond losses cratered its balance sheet triggering panic among depositors. The contagion is enormous in the US, which the Fed cannot ignore. The direct impact is business failures from loss of deposits and the inability to refinance loans. The indirect impacts are bank runs across other regional banks, tighter credit standards and the selling of other assets in the hunt for liquidity. This too shall pass and can pass faster if Fed discounts SVB bonds at book value or small discount. US bank ETFs look like an opportunity.T","text":"The Silicon Valley Bank collapse just clipped the Fed's ability to raise rates. This is not a credit event but a collapse in bond prices. The bank borrowed from depositors and bought the safest assets (on paper) such as government and mortgage bonds. The spike in rates and bond losses cratered its balance sheet triggering panic among depositors. The contagion is enormous in the US, which the Fed cannot ignore. 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US bank ETFs look like an opportunity.T","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":12,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/9949294655","repostId":1130115368,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":106020062,"gmtCreate":1678673627876,"gmtModify":1678673631451,"authorId":3568542875100090,"author":{"id":3568542875100090,"idStr":"3568542875100090","authorId":3568542875100090,"name":"slsong","avatar":"https://static.tigerbbs.com/74060019039211abd07485b309b1dbb3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949294655,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":106020060,"gmtCreate":1678673620573,"gmtModify":1678673623730,"authorId":3580984813011332,"author":{"id":3580984813011332,"idStr":"3580984813011332","authorId":3580984813011332,"name":"WKB","avatar":"https://static.itradeup.com/news/61aaa43602e6cbc5c092a0b5d2f80e0c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949294655,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"},{"id":106020055,"gmtCreate":1678673607878,"gmtModify":1678673611101,"authorId":4090415342911910,"author":{"id":4090415342911910,"idStr":"4090415342911910","authorId":4090415342911910,"name":"GordonLee66","avatar":"https://static.tigerbbs.com/61e793445d74a56c1440c057372ede6c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.13","exceedPercentage":"80.69%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949294655,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Good sharing.</span>","text":"<span class=\"s1\">Good sharing.</span>","html":"<span class=\"s1\">Good sharing.</span>"},{"id":106020051,"gmtCreate":1678673586273,"gmtModify":1678673589616,"authorId":3576560756398301,"author":{"id":3576560756398301,"idStr":"3576560756398301","authorId":3576560756398301,"name":"quarzt","avatar":"https://community-static.tradeup.com/news/cf72e222674e73099c0ca7f7abcaa8b8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949294655,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":106020045,"gmtCreate":1678673567621,"gmtModify":1678673570941,"authorId":4088082610944870,"author":{"id":4088082610944870,"idStr":"4088082610944870","authorId":4088082610944870,"name":"SmallYang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9949294655,"type":1,"supId":0,"prevId":0,"content":"Thanks for sharing","text":"Thanks for sharing","html":"Thanks for sharing"}],"langContent":"EN"},{"id":9949674938,"gmtCreate":1678667477724,"gmtModify":1678667481564,"author":{"id":"4089118747466230","authorId":"4089118747466230","name":"Blessedme","avatar":"https://community-static.tradeup.com/news/3757be1781f0fa5d0ed4ee927cb8cc38","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4089118747466230","idStr":"4089118747466230"},"htmlText":"SG banks prices are coming down due to domino effect of SVB and SBNY. US banks prices are coming down. History tends to repeat itself like Lehman Brothers.","listText":"SG banks prices are coming down due to domino effect of SVB and SBNY. US banks prices are coming down. History tends to repeat itself like Lehman Brothers.","text":"SG banks prices are coming down due to domino effect of SVB and SBNY. US banks prices are coming down. History tends to repeat itself like Lehman Brothers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949674938","repostId":1130115368,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949678681,"gmtCreate":1678666294144,"gmtModify":1678674849287,"author":{"id":"4115870689390592","authorId":"4115870689390592","name":"Humama888","avatar":"https://community-static.tradeup.com/news/0275ebb04f8c132c19c1a56dbba69354","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"4115870689390592","idStr":"4115870689390592"},"htmlText":"Sad 😞&nbsp;","listText":"Sad 😞&nbsp;","text":"Sad 😞","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949678681","repostId":1130115368,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":148,"commentSize":4,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}