Btz04
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$DBS Group Holdings (D05.SG)$ hi guys, I'm new to investing. Why is dbs dropping so much now? I expected the stock to drop after the money laundering issue in HK few weeks back, but apparently it still rose. But I don't see any significant news recently (except biden's exit from the election) that I think may affect the stocks. But it's dropping so much. Idk why, would anyone be kind enough to share?
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Btz04
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Some body said that China printed money to stimulate its economy. Nobody does it more than the U.S. As of Mar 2021, U.S. all-in money printing was approaching USD13 t (USD5.2 t for COVID + USD$4.5 t for Quantitative Easing + USD$3 for infrastructure. That's more than the US spent in its 13 most expensive wars combined. Wars were used because they're the most expensive things we can think of. COVID costs total USD5.2 t, which is about 25% of GDP. USD5.2 t is...
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Btz04 OP 103153652 : I see. How come US stuff also affect Asian stocks? Isit because these Asian companies also invest alot in US? So it directly affects us as well?