Main shock is in the chips company falling due to the recession fears as well as intel cutting capex which triggered a downturn in sg semi-con stocks.
STI remained resilient with financials still doing decent. Of course the question will be if they will be resilient next year when the 'recession' everyone seems to think of it is coming will come.
I anticipate the portfolio to be lower than current position come end of the year, but i will maintain as it is and act according to results.
After all, investing is not about predicting whether it will be lower or not but rather the business, whether it is resilient and riding through cycles to build value. Its just a joke. I am lazy to document a sell out all lol. Who really cares about fundamentals at such point right lol we just celebrating every ssb and t-bill increase in rates.
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