SINGAPORE (Apr 16): The past couple of months have been one of the most difficult periods to invest in recent times. The big price swings in both directions, which also include some huge intraday fluctuations, can be nerve-racking, especially after the calm we have come to take for granted.

What makes it even more difficult is that stock prices are being driven by momentum more than underlying fundamentals, based on big macro developments. That includes the evolving trade conflict between the world’s two largest economies and a crisis of confidence in the high-flying tech sector, owing to privacy concerns.

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