Market Journal
As the world recovers from the COVID-19 pandemic and with Singapore’s easing of COVID-19 restrictions, you probably wonder if it is now a good time to invest in the Singapore stock market. Let us evaluate how the market has been performing Year to Date (YTD). According to Bloomberg data, the Straits Times Index (STI) has…Read More
Start trading on POEMS! Open a free account here! News headlines in March 2022 FOMC raises the federal funds rate target range by 0.25% WTI futures reach 13-year-high of USD130.50 VIX reaches a high of 36.45 US 4Q21 GDP estimated at 6.9% US announces record release of oil from reserves The three major US indices…Read More
What this report is about: Identify current macro trends and headline worries for investors Discuss policy response from central banks to current macro trends and how is it different this time Hedging strategies – Pros, Cons and Examples Current Headlines & Macro Trend The COVID-19 pandemic has done damage to the global supply chains and…Read More
More CPF for older workers is good, but what about financial planning?
Published on April 11th, 2022As the proportion of the ageing population in Singapore rises, retirement and retirement savings will increasingly be in spotlight. And when you talk about retirement and retirement savings, financial planning and CPF or the Central Provident Fund, comes into focus. The Singapore government has been moving steadily over the past few years to ensure that…Read More
World Health Day is celebrated annually with a specific health theme highlighted by the World Health Organization (WHO). The principle behind this initiative by WHO is to raise awareness about the overall health and well-being of people across the world. The theme this year is to keep our planet and humans healthy, and foster a…Read More
In mid-March, Chinese tech stocks saw a rout. Shares of Alibaba Group Holding and Tencent Holdings in Hong Kong lost billions of dollars, on heightened concerns about an industry crackdown, Covid-19 outbreaks, and China’s position on the Ukraine conflict.1 Losses deepened after JPMorgan Chase downgraded 28 Chinese internet stocks including Alibaba, Tencent Holdings and Meituan…Read More
Core inflation in Singapore in January 2022 was reported to have increased to 2.4 per cent on a year-on-year basis. This is the highest level of core inflation seen in Singapore for more than nine years. Core inflation excludes private transport and accommodation costs as these tend to be more volatile due to policy changes….Read More
At a press conference of the Federal Open Market Committee (FOMC) on 26 January 2022, Federal Reserve Chairman Jerome Powell said that although the Committee will continue to maintain the policy interest rate, otherwise known as the Federal Funds Rate, between zero and a quarter of a percent, he strongly hinted at the Committee’s intention…Read More
At the December Federal Reserve meeting, members finally realised that the inflation in the economy was no longer transitory an acknowledged that prices were increasing rapidly. So, in order to control inflation in the economy, the Fed signalled that it could raise interest rates soon with a possibility of three rate hikes in 2022. With…Read More
An Initial Public Offering (IPO) is the process of a private company going public through the sale of its shares on a stock exchange1. In 2021, excluding Special Purpose Acquisition Companies (SPACs), there were a total of 2,097 IPOs2 in the US. The IPOs in 2021 raised US$402 billion in the US, which is 81%…Read More