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Expecting US markets to rise unabatedly may be Mission: Impossible

Chew Sutat
Chew Sutat • 9 min read
Expecting US markets to rise unabatedly may be Mission: Impossible
Tom Cruise, star of the Mission: Impossible movie franchise, was able to complete his missions. Investors might want to be more wary if the US markets can continue their seemingly impossible rise / Photo: Bloomberg
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As markets reach the halfway point of the year, amid an early summer heatwave in Europe and earthquakes rocking our planet from Japan to Venezuela, the US is readying to celebrate its 250th year of independence with America250 or Freedom250 events scheduled around the world.

Some of these may, of course, be funded by “substantially larger gifts than previous years”, according to the US Embassy in Singapore’s invitation for private sector partnerships seen early this year.

Given the US’s superpower status as the driver of global business, innovation and entrepreneurial success, driven by the twin juggernauts of its stock market and heavily indebted consumers, there are many reasons for American companies and others to oblige.

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