DBS Forecast: SGD = USD by 2040! Could SG Become Next “Safe Haven” Hub?

DBS Group Research just dropped a bold projection — by 2040, Singapore’s GDP could double, the Straits Times Index may hit 10,000, and the Singapore dollar (SGD) could reach parity with the US dollar. 1️⃣ Do you believe SGD can really reach parity with USD by 2040? 2️⃣ If the USD keeps sliding, would you increase your gold allocation? 3️⃣ How would you position your portfolio for a long-term USD downtrend?

avatarTLim
10-28
Unless they have a crystal ball or time machine to look into the future, can treat as entertainment. 🤭
avatarL.Lim
10-28
I highly doubt it would happen. Interestingly enough, Gold started to drop a little with expectations of some stability... maybe it's time to buy in. I have been watching USD for years now, it can slide or spike, but things always stay at some equilibrium. Admittedly when the current president entered the White House and made a mess on the international stage with his tariff threats and then imposing them, USD did indeed have a sustained slide but that was a little in contrast to COVID times when USD spiked. So in the medium term, it does not look too serious. Of course, trump might cause more instability in his country, what with the prolonged government shutdown under his political party's direction, and in the medium and long term, his constitutionally illegal attempt to be USA presid
avatarvkwee
10-28
It will be if SG grows rapidly 🫢
definitely SGD is so strong

DBS Sees USA Economic Collapse Driving SGD–USD Parity by 2040 What It Means for Gold, REITs, and Long-Term Investors

$DBS(D05.SI)$ In one of the boldest macroeconomic projections to come out of Southeast Asia in years, DBS Group Research has released a long-term report that envisions a radically stronger Singapore — one where GDP doubles by 2040, the Straits Times Index (STI) soars to 10,000 points, and the Singapore dollar (SGD) achieves parity with the US dollar (USD). That last prediction, in particular, has grabbed global headlines. For decades, the USD has reigned as the undisputed reserve currency of the world, while the SGD — though respected for its stability — has remained in a completely different tier of global influence. But DBS is arguing that by 2040, Singapore’s rise and America’s gradual fiscal decline could bring the two currencies to equal st
DBS Sees USA Economic Collapse Driving SGD–USD Parity by 2040 What It Means for Gold, REITs, and Long-Term Investors
avatarxc__
10-27

Singapore's Dollar Revolution: From Underdog to Global Powerhouse by 2040?

Imagine a world where your Singapore dollar buys the same as a greenback—parity unlocked, turning the Lion City into Asia's ultimate safe haven. DBS's latest bombshell paints this exact picture: explosive growth catapulting GDP beyond $1.2 trillion, the Straits Times Index soaring to 10,000, and SGD standing tall at 1:1 with USD. But is this destiny or daydream? Let's dive deep into the numbers, risks, and your next moves. First off, yes—I buy the SGD parity story hook, line, and sinker. Right now, 1 SGD fetches about 0.77 USD, but with Singapore's real GDP eyeing 2.3% annual growth through 2040 (doubling from $547 billion today), the math stacks up. Anchored by tech booms in AI, biotech, and green energy, plus ironclad fiscal policies, the Monetary Authority of Singapore has the tools to
Singapore's Dollar Revolution: From Underdog to Global Powerhouse by 2040?
Haha, the math is wrong to start with. Is this really from DBS Research? You cannot double the gdp in 15 years with 2.3% py growth.
hopefully so!
1) Do you believe SGD can really reach parity with USD bv 2040?: SGD has been a very stable and reliable currency and has been managed very well. With proper planning, it seems very likely that SGD can achieve parity with USD - whether that's ggoing to happen by 2040 is another matter since it is 15 years away. 2) If the USD keeps sliding, would you increase your gold allocation?: both increase gold allocation and allocate to other markets like 🇨🇳 also. 3) How would you position your portfolio for a long-term USD downtrend?: reduce dollar dependence by holding assets denominated in other major currencies, such as the RMB, GBP, Euro, Yen. Commodity-linked currencies like the Australian and Canadian dollars can also tend to strengthen when the US dollar declines.
It is just the matter of time. In Period 9, South is Wealth. As the only 2 south financial centre in the world. You know where to park the money.  @MojoStellar   @CaptainTiger  @TigerPicks  @TigerOptions  @Tiger_Academy @koolgal
Replying to @Zarkness: @MojoStellar @SPACE ROCKET @icycrystal come join in the views 😘😘//@Zarkness:With all due respect, anything is possible if one believes but only time will tell as politics and geopolitics plays out … even elections will have big impact if things changes … so plan and execute on timely changes and don’t think so much as we cannot change the world 🌎 hahaha 😂 stay healthy and happy is the fact we can do … 😘🌹❤️🙏🙏
With all due respect, anything is possible if one believes but only time will tell as politics and geopolitics plays out … even elections will have big impact if things changes … so plan and execute on timely changes and don’t think so much as we cannot change the world 🌎 hahaha 😂 stay healthy and happy is the fact we can do … 😘🌹❤️🙏🙏
avatarDsfleo
10-26
I believe Singapore will be still export-oriented economy especially with digitalization and ASEAN body being more integrated and matured due to more relocation of existing industries from China, Johore-Singapore free trade zone effectively implemented, all these will push trade to even greater height in this region. I do not think SGD will reach parity with USD as it will hit our export hard.
Maybe even much earlier [Happy]
Singapore is the best managed country in the world. Look back 60 years. See what it has acheived. USD parity in another 15 years? Given the achivements of the last 60 years, it is entirely possible.
USD: SGD has bounced from the bottom 1.25. now it is 1.3. unlikely 1:1 even in 2040 because us GDP is also growing and likely faster than Singapore. DBS themselves are firing people. GDP per capita goes up but GDP itself may be stagnant at least within the visibility, explaining DBS firing.
I expect gold prices to go higher as the USD weakens and as the US market climbs higher giving rise to more fear of an impending crash.
avataree244c
10-26
To reach parity in 15 years is about close to 2 cents annually which is realistic.  If the US keeps printing the dollar and not having new innovation for exports decline is there.  Apart from creating war to sell its related products there's Nothing much to keep the economy from growing. US has been spending too much unless the current and following government is able to bite the bullet to keep their fiscal spending in control. Likewise gold price will keep growing with the dollar in decline. Gold has been use as a product for hedging in time of trouble and will still do for the next 15 years. What should we do with this scenario, buying stock that gives a better return of more than 2%, Currency that grow or performs better than the dollar. Tiger will be a good place to starts to
avatarIAS
10-26
This prediction is both plausible and bold. It’s plausible because Singapore has many structural strengths, such as an open economy and a competitive logistics and finance industry. If productivity continues to improve and Singapore keeps attracting capital and investments, a modest currency appreciation would be reasonable. That said, reaching parity would represent a significant appreciation, and there are many factors at play. If the USD continues to weaken, I may reduce my US equity holdings slightly and increase my allocation to gold and SGD-based assets, especially dividend-yielding stocks. However, since 2040 is still a long way off, my portfolio will likely remain heavily weighted toward USD-based assets for now, while keeping in mind the importance of staying adaptive.