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Tong's Portfolio
A depreciating ringgit is an indirect tax on savings
Both the private and public sectors are highly leveraged.
June 22, 2023
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.
September 02, 2021
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”.
July 02, 2021
Tong's Portfolio
US stocks likely to outperform next 6 months
One of the biggest drivers of the ongoing rally is liquidity.
April 23, 2021
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.
October 16, 2020
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.
September 04, 2020
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
October 04, 2018
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
October 03, 2018
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
July 18, 2018
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.
May 09, 2017