Global markets ended 2021 on a downbeat note punctuated in whipsawed choppy trading on thin volumes with double-digit gains for the third year in a row, as easy monetary policy and a flood of fiscal stimulus helped propel an economic recovery from the pandemic. The MSCI ACWI World Index rallied 16.6%, and the S&P 500…
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Markets rebounded in choppy trading on thin volume during the holiday-shortened week, although the pain below the surface is brutal. Over the past few weeks, most stocks fell into a 10% correction, clean energy green stocks and newly minted shares sank into a bear-market decline of 20%, and the group of profitless technology firms plunged…
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Markets slumped with heightened volatility in a wild week led by a tumble in tech stocks, with a rally on Wednesday reversing on Thursday, following a hawkish Powell pivot announcement on Wednesday to turn off the tap by doubling the taper pace at which it’s scaling back purchases of Treasuries and mortgage-backed securities to US$30…
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Led by big tech, global markets rebounded after losing US$3.7 trillion in the week after omicron emerges (and world stocks had lost US$5 trillion since mid-November), though market volatility remain elevated, after Pfizer-BioNTech said initial lab studies show a third dose of their vaccine neutralizes omicron. Market sentiment has also recovered with other pieces of preliminary data…
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Markets swing wildly during the week, with MSCI ACWI All World index -1%, S&P 500 -1.2%, NASDAQ -2.6%, Russell -3.9%, Hang Seng Tech -3.8% and MSCI China -4.6%, as the mental doom loop of anxiety builds up over the omicron variant after Moderna’s CEO foresees “material drop” in current vaccine jabs’ and treatment effectiveness against…
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Global and U.S. stocks tumbled on Friday with the worst post-thanksgiving Black Friday in over 70 years to extend losses during the week after the discovery of a “dramatically” new, heavily-mutated vaccine-resistant coronavirus variant shook market sentiment, with commodity/oil, travel, and banking stocks leading the sell-off. The little-understood B.1.1.529 “Omicron” variant, first identified in Botswana,…
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Global stock markets and FX encountered choppy trading, wild swings in prices and heightened volatility during the week with the strongest U.S. dollar in 16 months, driven by another round of national lockdown in Austria amid record new infections spreading in Europe, increased inflationary pressure and traders bringing forward bets for the Fed to hike…
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U.S. stocks retreated during the week as inflationary pressures continued to reverberate through markets, with MSCI ACWI All World index +0.05%, S&P 500 -0.3%, NASDAQ -0.7%, Russell -1%, and ARKK Innovation ETF -3.1%. Inflation-sensitive consumer discretionary stocks led declines after a Wednesday report showed October’s CPI accelerated at 6.2% yoy, the fastest pace in three…
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Robust corporate earnings, stronger-than-expected October U.S. employment report, encouraging results from Pfizer’s COVID-19 pill study, and reassurances from the world’s large central banks that interest rates will remain at historic lows for a little while longer have combined to propel markets to record highs, led by economically-sensitive Cyclicals during the week, while China continues its…
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October lived up to its reputation as one of the most volatile months for markets, from a global bond bloodbath intensifying in the last week to a spike in energy costs. To stock bears’ chagrin, though, the tumult did nothing to halt the relentless rally in U.S. equities. During the week, MSCI ACWI All World…
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The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +3.5% nett during the week as at the end of 22 Oct 2021, with gains since its inception on 28 Aug 2020 at +29.8% and a NAV of over S$39 million. The earnings season in Europe started this week and enters full steam from next week, with…
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U.S. stocks began the week with losses, but turned higher after companies delivered robust results for the latest quarter. Each earnings season has provided the definitive antidote to the stock market’s ills, with the S&P 500 climbing six straight times each quarter since March 2020, advancing 4% on average over the six-week stretch. Retail sales…
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Stocks took one of the year’s more circuitous routes to an advance this week, led by Energy and Financials, with violent moves as U.S. nonfarm jobs data for September was the slowest this year at 194,000, far below the median projection of 500,000, and oil and natural gas producers surged amid an energy crisis in…
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Yield spike during the week resulted in an extreme, violent rotation into the Reopening/Cyclicals trade in Energy & Financials, with the dollar index soaring to a roughly one-year high, and rates-sensitive bonds and REITS plunging in a bloodbath, and the S&P 500 suffered its biggest weekly slide since February: MSCI ACWI All World index -2.1%,…
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The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators declined -0.4% nett during the week as at the end of 24 Sep 2021, with gains since its inception on 28 Aug 2020 at +31.7% and a NAV of over S$39 million. Month-to-date +0.3% vs MSCI ACWI All World index -1.3%. Top performers for the week include: CPaaS…
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Following nearly 12 consecutive weeks of positive weekly gains, the Portfolio of Dividend-Yielding Global H.E.R.O. Innovators corrected -2% nett during the week as at the end of 17 Sep 2021, with gains since its inception on 28 Aug 2020 at +32.3% and a NAV of over S$39 million. Top 3 holding Swedish helmet safety technology…
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The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +0.7% nett during the week as at the end of 10 Sep 2021 to extend its gains since its inception on 28 Aug 2020 to +35% with a NAV of over S$40 million. Top 3 holdings Swedencare +3%, MIPS +3.8%, Eckert & Ziegler +9.1%, while Top 10…
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我来，为生而哀，睁开，泪儿带。 妈妈说，人间不坏，我在，哎～ 在万籁俱寂中盛开，染一身希望的色彩。 在虚情假意中侃侃而谈，在甜言蜜语中自满。 所谓人情世故只是踏入人间的门槛。 所谓成长只是肉体，你我灵魂皆不堪。 野心勃勃，欲求不满，浑浑噩噩，匆匆几年。 长明灯前的哀嚎，在飘远。 小小的盒子，盛着一生平凡。人总脆弱，会轻易长眠。 若化为尘土，一旦连感情都消散。 从此每逢许愿心中默念，不求富贵，不盼太美满。 保佑家人平安。 此生入人间，兜兜转转，无大过不止至善，只求安安稳稳归于平淡。 待赴彼岸，无怨亦无憾。
The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +3.4% nett during the week as at the end of 3 Sep 2021 to extend its gains since its inception on 28 Aug 2020 to +34.1% with a NAV of over S$40 million in its first-year anniversary. U.S. markets pared its weekly gains, with MSCI ACWI All…
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The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators is up +3.1% during the week as at the end of 27 Aug 2021 to extend its gains since its inception on 28 Aug 2020 to +29.9% with a NAV of over S$38 million in its first-year anniversary. A kinder, gentler Fed tightening is the key message from…
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The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators -0.1%. Taper hints, Delta fears, Supply Chain disruptions, and China slowdown+regulatory clampdown are hitting the markets in the biggest slide in a month that saw MSCI ACWI All World index -1.5%, S&P 500 -0.6%, NASDAQ -0.7%, Russell -2.5%, Europe in its second-worst weekly performance of the year led…
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The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +1.7% nett, led by GARO, Nordic’s #1 highly-profitable leader in EV charger infrastructure solution innovator, which jumped +28.9% during the week after reporting excellent 2Q2021 results in which sales +43% and EBIT +82% with EBIT margin 16.1% (12.7%), driven by very strong growth in EV charging infrastructure solution…
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U.S. markets were pushed higher by stronger-than-expected U.S. employment data that showed strong job gains, a sharp drop in the unemployment rate and a rise in wages last month, which could push the Fed closer to taper asset purchases and a less dovish tone, sending economically-sensitive Cyclicals, 10-year treasury yields and U.S. dollar higher, while…
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The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +2.2%, led by top 3 holding Swedencare which leapt +18.9% during the week after reporting 2Q revenue jump of +400% (1H2021: +322%) and operating profit +676% (1H2021: +384%) with EBIT-margin of 27.5% (17.7%) [1H2021: 26.9% (23.4%)]. Another top 3 holding Eckert & Ziegler rose +6.6% during the…
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U.S. markets stormed to new highs during the topsy-turvy week with one of the worst-ever market breath, overcoming a sharp sell-off on Monday and the biggest U.S. equity fund outflow in six weeks, while Asia and China stocks languished, with MSCI ACWI All World Index +1.4%, Topix -1.4%, TWSE -1.8%, MSCI China -0.6%, Hang Seng…
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The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose 1.1% during the week while U.S. stocks registered their worst weekly performance in at least a month, with S&P 500 -1%, Nasdaq -1.9%, Russell -5.1%, ARKK Innovation ETF -7.2%, and cloud software ETFs tumbled -3.7% to -5.1%, as data showing a fall in consumer sentiment overshadowed an…
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U.S. stocks registered more fresh record highs, rebounding on Friday from the biggest one-day drop in about three weeks on Thursday fueled by concerns about global growth amid the spread of Covid-19 variants, even though Russell 2000 index retreated -1.1%. Thursday’s mini rout started with one of the ugliest market opens in history in the…
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U.S. stocks closed at new all-time highs during the week ahead of the July 4th Independence Day, after Friday’s “Goldilocks” jobs data for June came in better than expected, with S&P 500 rising +1.7% to produce its second-best first-half of a year since 1998, but Russell retreating -1.2%, with fewer stocks participating in the latest…
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Major U.S. stock indexes reach new highs and the 10-year Treasury yield headed for its biggest weekly increase since March as reflation trades regained appeal after U.S. President Biden sealed a $1 trillion bipartisan infrastructure deal with legislators, down from the $2.3 trillion Biden initially hoped to secure. The new infrastructure bill will include $579…
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U.S. markets suffer its worst week in nearly four months after Fed policymakers on Wednesday projected that interest rates would rise twice from record-low levels by the end of 2023, from their earlier forecast of 2024, a signal that the US central bank would act to tame inflation, an unexpected hawkish pivot as traders had…
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