Market View: Prospects of a soft landing for the US economy, Value Stocks for 2023, China’s pharmaceutical industry, Singapore’s GDP numbers, 8% GST and Budget 2023

Your Way Home with Hongbin Jeong · Jan 3, 2023 · 16m

It’s the start of a brand new year and as we head into the first trading day of 2023, we seek to keep you up to date with all you need to know for the week. In the US, the stock market had suffered a beating last year with major averages ending as much as 33.03% in the red. With the odds of a recession on the top of minds of investors, can the US Federal Reserve engineer a soft landing, and where will markets likely move for January at least? Over in China, the country’s pharmaceutical sector saw a boost amid the surge in cases but which are the sectors that will benefit from China’s…