- Pricing in a technical recession – Our chief economist continues to adjust global growth expectations. US recession odds have risen with FED funds rate anticipated to reach 5% by 1Q23 and US GDP y-o-y growth cut to 1.5% for this year and 0.3% next year. Singapore’s core inflation may stay elevated in the coming months according to MAS.
- - Read this at SGinvestors.io -
3Q22 results season will have roses and thorns
- 3Q22 results season of SGX listed companies commences mid-October. See Earnings Calendar.
- - Read this at SGinvestors.io -
- But Daiwa House Logistics Trust (SGX:DHLU) may suffer a DPU cut with the weak JPY, and Digital Core REIT (SGX:DCRU) as well with just 50% of its debt hedged.
REITs affected by higher-for-longer rates
- Read more at SGinvestors.io.
Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.
Kee Yan YEO CMT DBS Group Research | Janice CHUA DBS Research | https://www.dbs.com/insightsdirect/ 2022-09-28
More views on Singapore stock market outlook & investment strategy:
Analysts Say Analyst Reports on Singapore Stock Strategy
Latest research on Singapore stocks @
Analysts Say Stocks & REITs Research Reports
Analysts Say Sector / Industry Research Reports
Latest Stock Ratings & Price Targets @
Analysts Say Price Targets & Stock Ratings Changes
Analysts Say Consensus Target Prices
