$DBS(D05.SI)$ 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 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?
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