Wednesday, September 3, 2025

STI entered Stratosphere

STI has been on a good run lately.

In fact, it has already broken through 4,236 as mentioned in my previous post.

https://financeopti.blogspot.com/2025/07/sky-is-limit-for-sti.html 

It has also reached an all-time high of 4,301 on September 2, 2025.

It has retraced a little bit from this ATH, but it is only a matter of time before it will rise above 4,300 again.


I guess the major economic headwind coming into view is Trump's tariffs. Here are the next critical dates:

  • Trump extended the “tariff truce” with China until November 10, 2025, preventing a planned hike (which would have raised US tariffs on Chinese goods from 30% to as high as 145%) and keeping most tariffs capped at 30%

  • A US federal appeals court recently ruled that many of Trump’s global tariffs were illegal, but allowed them to remain until October 14, 2025, pending a Supreme Court appeal; the administration is threatening to “unwind” trade deals if the court blocks its tariffs.

  • The elimination of “de minimis” exemptions means nearly all imports, including low-value packages, are now subject to tariffs, causing supply chain disruption and raising prices for US consumers.

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