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Singapore just made a significant revision to its 2025 economic forecast—nearly doubling the growth projection to around 4%. The upgrade comes off the back of Q3 numbers that beat expectations pretty handily.
But here's the catch: officials are already flagging headwinds for next year. The culprit? US tariff policies that are expected to drag on global trade flows and dampen economic momentum heading into 2026.
It's a classic case of strong current performance meeting uncertain future outlook. For those watching macro trends, this kind of divergence—bullish near-term, cautious forward view—tends to ripple through risk assets, including crypto markets that are sensitive to liquidity and global sentiment shifts.