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David Fry
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David Fry writes a subscription newsletter focused on technical analysis of exchange-traded funds, called ETF Digest (www.etfdigest.com). Dave founded the ETF Digest in 2001 and was among the very first to see the need for a publication that provided individual investors with information and... More
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  • Key Factors For Further Growth In Singapore 0 comments
    Mar 26, 2012 10:05 AM | about stocks: EWS, EEM

    You could hardly say that Singapore has a great deal of natural resources, unless you count its human capital. The tiny city-state located at the crossroads of Asia depends on its neighbors for just about all things material, but has taken advantage of key niches in the information technology, financial services, and pharmaceutical industries to become one of the richest Asian nations. In GDP per capita terms, Singapore ranks either 3rd or 4th wealthiest in the world (depending on whom you ask) behind Qatar and Luxembourg.

    It's registered steady - if not explosive - growth over the last decade, rising steadily from a GDP of $91 billion in 2001 to 2010's impressive $208 billion, although it did reach an almost unprecedented 14.4% growth rate from 2009 to 2010. Because of its lack of natural resources, further growth in Singapore will hinge on how quickly the global economy recovers. Growth projections for 2012 range from 1-3% and will rely heavily on how the Eurozone performs.

    <READ MORE>

    Stocks: EWS, EEM
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