We speak to Geoff Howie, Market Strategist in the Singapore Exchange and ask for his thoughts on the recent news that total buybacks in Singapore last year was 3x the previous year. The STI is also generating an annualised total return of 9.2% since 2008, we ask Geoff what the outlook for 2019 and the next 10 years are. Finally, we have a chat about the defensive sectors in Singapore in 2019.