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Global Markets
Asian stocks set for mixed start to Friday trading after muted session on Wall Street
Asian stocks looked poised for a mixed start to Friday trading after a muted session on Wall Street saw shares end little changed. Treasuries and the dollar rose.
June 19, 2020
Global Markets
Singapore finance professionals expect S&P 500 and MSCI World Index to be down 12.5% and 10.4% this year, says Natixis survey
More than half, or 53% of the respondents, believe that the initial volatility caused by the coronavirus crisis as driven more by sentiment than by fundamentals.
June 17, 2020
Right Timing
Time for STI to gain strength against SPX
SINGAPORE (May 1): The US market had one of its best months in the past 30 years in April. However, May could turn out to be more volatile. The S&P 500 Index (SPX) remains in its rally pattern, but as it approaches its upside target of 3,023 following a b
May 01, 2020
Right Timing
STI flails as volume evaporates
SINGAPORE (April 24): The Straits Times Index has sunk below its breakout level of 2,561. The breakout took place in mid-April but the subsequent rise was not able to garner volume. In addition, quarterly momentum was not able to move above its moving ave
April 24, 2020
Tong's Portfolio
Fed and Trump underwrite the US bull market
SINGAPORE (Feb 28): Global stocks traded sharply lower last week as the second wave of Covid-19 outbreak, this time outside of China, triggered heightened uncertainties.
February 28, 2020
Tech
Tech bloodletting nears US$300 bil since Facebook reported
NEW YORK (July 31): The rush to get out of US tech stocks entered its third day Monday as concerns mounted over how the storied FAANG bloc will fare amid rising interest rates and slower growth.
July 31, 2018
IPO
3 reasons why US firms are taking longer to go public
SINGAPORE (Jan 9): It was an encouraging 2017 for the S&P 500, booking a full year of monthly total gains for the first time ever. But the elephant in the room still remains about the shrinking pool US companies going public.
January 09, 2018
Stocks have gotten ‘less attractive’ but still better than bonds: Buffett
(Aug 31): Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said the rally in markets over the last several years has made it harder to find bargains, but that stocks remain his choice over bonds.
August 31, 2017
US stocks
Markets roiled on Trump stance tensions
NEW YORK (Aug 18): A sense of growing unease gripped financial markets as President Donald Trump exacerbated the controversy sparked by a racist rally in Virginia and terrorists struck a crowded street in Barcelona.
August 18, 2017
The path for US equities will be uneven, driven by data & policy: Barclays
SINGAPORE (March 22): Barclays Capital is forecasting Standard & Poor’s (S&P) 500 earnings per share (EPS) to hit US$129 ($181) this year, assuming that a 5% sales growth combined with modest margin expansion and continued repurchases will lead to 8% EP
March 22, 2017