[Rewards] Sea achieved a record Q3 revenue with net loss narrowed, spiking on e-commerce
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KEY Figures:
● Total Q3 2022 revenue of Sea Limited was $3.2 billion, up 17.4% year-on-year.
● Total net loss was $(569.3) million, improving by 38.9% quarter-on-quarter, but flat YoY.
● Total adjusted EBITDA was $(357.7) million, compared to $(165.5) million for Q3 202...

So we had a better than expected PPI. Which is good news for inflation data, for now. There has been tons of news out there talking about 75 bp rate hike tomorrow instead of 50 bp hike.
This news has been the ''reason'' for the sell off. In actual fact, the graph is forming bullish divergences and on the monthly and weekly chart approaching oversold levels.
Powell has been talking for a month about 2x 50bp hike for the next 2 meeting. Even the most hawkish FED Bullard has mentioned 50 bp hike...

The stock market has gotten obliterated in a widespread selloff this month. When will the stock market hit bottom? 
Every investor is waiting for the stock market rebound, and here it came. 
But is it the end bear market? 
Or just another fake hope?

Singapore real estate investment trusts can benefit from their safe-haven status during a time of market volatility as the U.S. Fed raises interest rates, analysts from DBS say in a research note.
The Fed's clarity on its rate-rise trajectory will likely lead to more price stability for Singapore REITs, they say.
What are Real Estate Investment Trusts (REITs)?
Real Estate Investment Trusts (REITs) are funds that invest in a port...