Trust Bank Singapore, New Digital Bank Freebies!

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Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving...

Signs of Stock Market/Economy Recovery?

According to Stock Trader's Almanac, the Dow tends to bottom when Unemployment peaks. Unemployment Rate and the Dow move in a highly correlated inverse direction.


"Unemployment is a lagging indicator that moves inversely with equity prices.


The chart shows the pattern of unemployment, recessions and the real (inflation-adjusted) price of the S&P Composite since 1948.

Note the increasing peaks in unemployment in 1971, 1975 and 1982.

The inverse pattern becomes clearer when viewed against real (inflation-adjusted) S&P Composite, with its successively lower bear market bottoms.

The mirror relationship seems to be repeating itself with the current and previous bear markets." Source: See Chart


So, lookout for a sharp reversal in the Unemployment Rate for a clear signal the market is ready to take off. Be cautious with data/information!

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