Floating Button
Home Views Global Markets

Coming November Rain harks to heavier fund flows

Chew Sutat
Chew Sutat • 10 min read
Coming November Rain harks to heavier fund flows
The cold November rain of persistent undervaluation of Singapore equities, especially SMIDs, too, will not last forever / Photo: TEG Dainty / GHY Culture & Media
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Nothing lasts forever,
And we both know hearts can change

November Rain, the 1991 Guns N’ Roses classic song about love and loss, captures in part the mood heading into the final months of a year when risk assets globally rose amid political, economic and policy uncertainty as US President Donald Trump began his second term. He has mused about a third, or even eternity, as the East Wing of the White House is demolished in preparation for a new US$300 million ($389 million) gold-plated ballroom funded by a cast of billionaires.

Potentially, the cast of characters could range from the January 6 Capitol Hill rioters; Ross Ulbricht, creator of the dark web marketplace Silk Road; George Santos, a Republican congressman who admitted to identity theft and fraud; and more recently CZ Zhao, founder of the Binance crypto platform, which enabled the success of the Trump family’s World Liberty Financial US$1 stablecoin, all of whom have been pardoned.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.