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$DBS (D05.SG)$ Share price is more corelated to expectation ...
Share price is more corelated to expectation for future than past earnings. but I think DBS is well poisted to deal with the uncertainties near term, how to transit from higher interest rate profitibility => lower interest rate but more loans issued is the key to play out strongly in the next 3-6 months.
After the earnings, I have more confidence in DBS shares, but there’s still concerns from the US economy. Singapore is an export-oriented economy, it is strongly corelated to global economy, especially the US, China and Japan.
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