savings

Tong's Portfolio

A depreciating ringgit is an indirect tax on savings

Both the private and public sectors are highly leveraged.
Reversion to mean is a mathematical certainty, but mean is not static - THE EDGE SINGAPORE

Tong's Portfolio

Reversion to mean is a mathematical certainty, but mean is not static

Last week’s record close came after the Fed chair allayed fears that current easy liquidity conditions will tighten too quickly.
The worst of Covid-19 is behind us - THE EDGE SINGAPORE

Tong's Portfolio

The worst of Covid-19 is behind us

It is also human nature to place outsized weightage on perceived “wrongs” as compared to “rights”.
US stocks likely to outperform next 6 months - THE EDGE SINGAPORE

Tong's Portfolio

US stocks likely to outperform next 6 months

One of the biggest drivers of the ongoing rally is liquidity.

Tong's Portfolio

Domestic consumption and households demonstrate resilience

In this issue, and over the next couple of weeks, we will share the many silver linings in the country’s most recently published.

Tong's Portfolio

Money from moratorium fuelled stock rally

Certainly, excess cash that flows to the stock market will fall, but investors have made capital gains and the wealth effect will have a longer tail momentum.

Disruption and Digitalisation

Gig workers may enjoy enviable perks but tend to save less: Manulife

SINGAPORE (Oct 4): Joining Singapore’s rising gig economy certainly comes with benefits, such as flexibility and job satisfaction, that a regular nine-to-five desk job may not offer. Those who opt to do so are however finding it harder to save compared

Sector Focus

StarHub to lay off 300 employees as telco commences strategic review

SINGAPORE (Oct 3): StarHub is embarking on a strategic transformation review that will include laying off an estimated 300 of its full-time staff, primarily those in non-customer facing functions, with those affected to be notified by the end of this mont

Millennials the most savings-savvy generation in Singapore, finds UOB study

SINGAPORE (July 18): Singapore's millennials are outpacing their Generation X (Gen X) and baby boomer peers when it comes to growing their savings, according to United Overseas Bank’s (UOB) transaction patterns of its flagship UOB One Account holder

Global Economy

Australia's AAA rating is back under the microscope

SYDNEY (May 9): Australia’s AAA rating is again under the microscope as the government prepares to deliver a budget Tuesday that appears long on spending pledges and short on savings.
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