Shyon
12-10
From my point of view, the STI’s $Straits Times Index(STI.SI)$ 25% total return and broad-based strength across mid- and small-caps show how much rate cuts have revived sentiment in Singapore. Even with institutions taking profits, S-REITs still look resilient, and lower funding costs should keep their outlook solid into 2026.

Goldman’s $Goldman Sachs(GS)$ warning about weaker U.S. equity returns over the next decade feels reasonable after such an exceptional 10-year run. It doesn’t signal the end of the U.S. bull market, but it does suggest that future gains may be slower and more selective.

If I could only pick one region for the next decade, I’d lean toward Asia — especially Singapore — for its valuations and stable dividends especially on bank stocks like $DBS Group Holdings(D05.SI)$ $UOB(U11.SI)$ $ocbc bank(O39.SI)$ . Still, I’d maintain some U.S. exposure to high-quality tech leaders with durable long-term moats.

@Tiger_SG @TigerStars @Tiger_comments

STI New Highs! US Bull Market Ending? Would You Shift to Asian Equities?
Over the past week, Singapore’s stock market quietly delivered another surprise: $Straits Times Index(STI.SI)$ total return for 2025 has reached 25% (including dividends) — one of the strongest performances in the past 15 years. Goldman Sachs’ newest “Global Equity Outlook 2025–2035” sends a warning to global investors. Over the past decade, the S&P 500 delivered an astonishing 15% annualized return — an extremely rare “super-bull decade.” But mean reversion always arrives.
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Comments

  • cheeryk
    12-11
    cheeryk
    SG banks' dividends do look tempting for long haul. Keeping US tech exposure makes sense [强]
    • Shyon
      Yeah good strategy
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