- Joined
- Aug 7, 2008
- Messages
- 1,125
- Points
- 38
One day after Fed cuts interest rates to ZERO, stocks trading in negative territory.
One hour after Opec announces 4.2 million barrel record output cut, crude falls below $40 a barrel.
The global economy is gone case. Wealth continues to be destroyed.
BT and Today reports suggest Budget will include measures like CPF cuts, which will whack the property market hard hard since it is a direct cut
Whereas measures like stamp duty suspension etc are samller compenent and useless since market already dead
Singapore property prices will continue to slide, recently TOP Seaview at Amber a good indication of the broader market.
Wait another year and you can get 1-year Seaview unit at the price of a 30-year Marine Parade HDB now
One hour after Opec announces 4.2 million barrel record output cut, crude falls below $40 a barrel.
The global economy is gone case. Wealth continues to be destroyed.
BT and Today reports suggest Budget will include measures like CPF cuts, which will whack the property market hard hard since it is a direct cut
Whereas measures like stamp duty suspension etc are samller compenent and useless since market already dead
Singapore property prices will continue to slide, recently TOP Seaview at Amber a good indication of the broader market.
Wait another year and you can get 1-year Seaview unit at the price of a 30-year Marine Parade HDB now
