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Global Markets
Do they know it's Christmas? A reflection of 2022 and a call to start 2023
Let us put our First-World problems into perspective.
December 16, 2022
IPO
Once-hot stock offering market buckles under recession risk
In addition to heightened volatility and uncertainty, the underperformance of some high-profile 2021 listings is also a concern
June 19, 2022
Tong's Portfolio
There is a reason for perceived (but untrue) market inefficiencies
If we accept that markets are largely efficient, then why does mispricing exist?
April 07, 2022
China Focus
The China factor
What was once perhaps unthinkable must now be included in our immediate investment and business calculations. China is not sitting back in the face of this bully behaviour, so the investment horizon is still wide.
May 15, 2020
Global Economy
Is the coronavirus a bull market signal?
The Dow components then included some counters that are still thriving — General Electric, US Steel and Western Union. Other companies such as Utah Copper and Westinghouse have merged into Chevron Corp and Rio Tinto.
March 13, 2020
Funds
Are epidemics good for financial markets?
SINGAPORE (Feb 21): It is interesting human behaviour, when a major news event occurs, to see people clamour to make predictions about what the impact will be as well as where markets and economies will go. Many get suckered into reading these so-called e
February 21, 2020
Tong's Portfolio
Steepening of the yield curve and high earnings yield
(Nov 11): US stocks reached fresh record highs last week, boosting sentiment for the rest of the world’s markets. Wall Street remains the best-performing equity market globally this year.
November 08, 2019
Investing strategies
Top fund proves value investing works with 159% return
SHANGHAI (Dec 24): Value investing is proving to be a profitable strategy in one of the world’s worst-performing stock markets, where a gush of momentum-chasing retail money has created boom-bust cycles.
December 24, 2018
Investing strategies
Singapore investors confident in local investment opportunities, but prefer international stocks: Legg Mason survey
SINGAPORE (Nov 20): Nearly half of Singaporean investors believe their own country presents the best investment opportunities in the near-term, ahead of other popular investment locations such as China and the US.
November 20, 2018
Investing strategies
Saxo Bank predicts 'ugly end' to complacency bubble in 2018
SINGAPORE (Dec 8): Following a generally smooth-sailing year for global risk assets – one that came as a shock to bears and gold bugs expecting 2017 to be the year of volatility – Saxo Bank now sees the pendulum swinging back in favour of pronounced v
December 08, 2017