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Tong's Portfolio
Why y-o-y real wages in the US may be rising, yet its standard of living may have fallen — a statistical mirage
Surveys routinely show inflation and pessimism over the health of the economy topping the people’s concerns.
February 01, 2024
Tong's Portfolio
Bonds, not stocks, provide near-term investment opportunities with positive real yields and little risks
In fact, the bond market has already been seeing increasing fund inflows in recent weeks.
November 24, 2023
Tong's Portfolio
Higher-for-longer interest rates will trigger credit risks ... and recession
Over the coming months, bonds will regain attractiveness.
November 17, 2023
What's the monetary outlook for US, Japan and Europe?
SINGAPORE (July 28): “Near-term risks to the economic outlook have diminished,” this was the key message in the latest policy statement from the US Federal Reserve, according to OCBC Chief Economist Richard Jerram in his Thursday research report.
July 28, 2016