Fed’s QE tapering unlikely to hit Asia, says PM Lee

[investingsgx]

I think it depends on how much the middle class will benefit from the pro-investment environment. It w be a hard task to get the top line GDP figures to grow together with such growth benefiting the middle class. Even if salary for middle class rise by 5-10%, the purchasing power is eroded by rising inflation, house, car price. So the benefit could be little or even negative.

Ah Lee has to be bullish, he needs a strong market and our votes ^^

Singapore very export based. So have to make sure people buy things from us.