Money Hacks Ep 73: Fortitude and the market in Covid-19 times
Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down useful financial tips.
This episode is aimed at how investors can approach the market despite the impact from Covid-19.
On May 26, finance minister Heng Swee Keat delivered an unprecedented fourth budget, dubbed the Fortitude Budget. Together with the previous three 2020 Budgets, this year’s total comes up to almost S$100 billion.
Host Chris Lim speaks remotely with two experts from OCBC Bank - Selena Ling, head of treasury research and strategy, and Carmen Lee, head of investment research.
They tackle the following points:
1. What is the outlook for Singapore's economy, for the next three to six and 12 months, and what does this mean for investors? (1:00)
2. What is the outlook like for Reits? Which Reit sectors took the biggest hit during Covid-19 and which are still attractive to investors here? (3:30)
3. What is the market expecting for corporate earnings this year? (8:08)
4. Will dividends be cut? Or even be paid out at all? (9:50)
Produced by: Chris Lim and Ernest Luis
Edited by: Adam Azlee
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Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.