Money in the Market: Are US stocks still an attractive option for Singaporeans?

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

Stocks have been in rally mode after the Nasdaq Composite had its best first six months of year in four decades, and the S&P 500 gained 16% during the same period. So where are stocks headed in the second half of 2023? Some experts expect them to be "fat and flat," warning investors to beware of the bust that follows the boom. So are US stocks still an attractive option for us? On Money in the Market, Hongbin Jeong speaks to Jonathan Woo, Senior Research Analyst from Phillip Securities Research, to find out more. Highlights:01:11 - How have markets performed in the first half of the year? 02:14 - What’s the outlook of the US stock market in the second half of the year? 02:41 - Can the S&P 500 likely climb above 2022 high?03:40 - Will the 'Magnificent 7" continue to drive up markets for the second half? 06:14 - Are US stocks still an attractive option for Singaporeans?See omnystudio.com/listener for privacy information.