You might be wondering, “Why should I care if the US central bank cuts interest rates?” Well, here is the deal: the US is a major player in the global economy, and central banks around the world keep a close watch on its moves to guide their own economic decisions. There is an old saying:…
Author: YH Wong
The Fed goes 50
The Federal Reserve finally (yes, finally) pulled the trigger on a rate cut, shaving off half a percentage point, the high end of what everyone was guessing. A cut was all but inevitable, with just one burning question before Wednesday: How much? Would it be the polite quarter-point that says, “we are being careful,” or…
The final countdown
With only hours remaining before the first Fed rate cut of the cycle, traders are still uncertain about the size of the rate cut. Is the Fed willing to brave a big move? I will be shocked if the Fed goes for 50 basis points. It is striking to see some of the same pundits…
Pausing the markets for mooncakes
Happy Mid-Autumn Festival to all my investors and partners celebrating. While the markets are buzzing about the Fed rate cut, I’m taking a well-deserved pause to enjoy mooncakes with my family. After all, there is nothing like a full moon to remind us that markets, like the moon, have their phases or cycles. So, while…
Survey Monday
The clock is ticking. All eyes are on the Federal Reserve this week as it marks the start of the much-anticipated easing cycle. Yeah, the Fed’s monetary policy committee is widely expected to cut interest rates for the first time since 2020, making this central bank meeting one of the most important ones ever in…
The Ayurvedic approach to healthier meals
When whipping up meals for your loved ones, it is not just about what is on the plate, it is about your vibe too. According to Ayurvedic teachings, which have been around for a few thousand years, the cook’s emotional state can actually influence the quality of the food. So, if you are feeling like…
Is the customer always right?
During a recent family dinner at a restaurant, I found myself an unwilling spectator to a disheartening scene in the VIP dining room nearby. Our table was just outside the entrance, and from where we sat, we could hear a customer loudly berating a waiter over a minor issue. It was not the mistake itself…
Same old, same old
I caught the US presidential debate, and one line really summed it up: “They are eating the dogs. They are eating the cats. They are eating the pets of the people that live there.” That was how the night went for the former president in my book and I do not own any pets. The…
Back to school
Traders are now doubling down on their expectations that the Federal Reserve will stick with a modest quarter-point rate cut next week, after core consumer inflation came in a bit spicier than forecasted. The latest US government data showed the headline consumer price index (CPI) rising 0.2% month-over-month in August, perfectly matching estimates. However, core…
From all corners
While sipping my latte at a crowded coffee place in the mall, I noticed a group of teenage students, most likely from a nearby international school. Their nationality was hard to pinpoint, especially the girls, who seemed to blend effortlessly into the mix of cultures. They sat together, enjoying local dishes, sharing stories, and laughing…