Yield curve is inverted!

The yield on 10-year versus 2-year Treasury bonds is now inverted. Inversion is a helpful signal that there is a greater risk to the economy in the short run, indicating a recession may be on its way.

However, in history, every single time it happens, a recession happens months later.

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Be wary of stock tips from people not met before

Despite warnings from our SPF, MAS and Straits Times, people continue to fall victim to pump and dump scheme.

Alas a friend bought HK stock Renco Holding last Thurs and today it fell 64% in a day. Thousands of hard earned money lost in a few days.

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