It’s hard to be gung-ho when markets are a mess, but that’s supposed to be the benefit of investing for the long term. Singapore’s Temasek, however, indicated on Tuesday it would be easing back on plans to deploy its $286 billion pool of state capital . It noted that bear markets only tend to bottom after U.S. interest rates have clearly peaked.
A man passes a logo of state investor Temasek Holdings at their office in Singapore July 8, 2014. REUTERS/Edgar Su/File PhotoHONG KONG, July 13 - It’s hard to be gung-ho when markets are a mess, but that’s supposed to be the benefit of investing for the long term. Singapore’s Temasek, however, indicated on Tuesday it would be easing back on plans to deploy its $286 billion pool of state capital. It noted that bear markets only tend to bottom after U.S. interest rates have clearly peaked.
Such caution defies Warren Buffett’s advice to be fearful when others are greedy, and vice versa. In practicing what he preaches, his Berkshire Hathaway
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
For Better or Worse, Ross Chastain Heads List of NASCAR's Biggest Surprises of 2022Surprise two-time winner also getting a reputation as a mindless, reckless, and disrespectful driver.
Read more »
Do You Always Wake Up Tired? Here’s Why, According to DoctorsIt’s probably time to switch up your lifestyle and habits for better sleep.
Read more »
16 Great Pairs Of Sunglasses With Literally Thousands Of Positive ReviewsSunnier days mean it's time for new sunnies.
Read more »
5 Best and Easy BBQ Recipes to Sizzle Up Summer MealsIt's time to fire up the grill!
Read more »
Workers Are Sharing The Most Ridiculous Things They've Experienced While On The Clock, And My Jaw Is On The GroundGet cozy and grab a snack y'all, because it's story time!
Read more »