For those who have missed the market action last week, most stock markets finished the week in the red as geopolitical tensions in the Middle East continued to weigh on investor sentiment. The UK’s FTSE 100 dropped -0.2% while pan-European Stoxx 600 and Germany’s Dax 100 slipped -0.2% and -0.1%, respectively. Over in the US,…
Author: YH Wong
Yogis can fly!
People have diverse beliefs and perspectives. I usually avoid engaging in arguments or debates about certain things especially personal beliefs. Everyone is entitled to their own opinions or positions, and it is okay to agree to disagree. I find more value sharing my experiences or insights with those who are open or positive to what…
Get ready for action!
After spending much of the year in a boring range frustrating the bulls in the crypto space, Bitcoin has surged past USD30,000 and is up 20% in the last five days, reaching close to USD35,000. According to CoinDesk, Bitcoin’s performance is roughly in line with the CoinDesk Market Index’s (CMI) +14% advance. Even the laggard decentralized…
Back to school
There is a lot of scaremongering at the moment and some people are trying hard to sell a book. Reading some of the recent commentaries has been frightening, compounded by the sensational discussion on social media. Howard Marks says that when everyone is scared, you should consider investing. Elsewhere, the mood is relatively calmer in…
WTF (Welcome to Fantasyland)!
According to a Bloomberg article, bonds with maturities of 10 years or more have lost around 46% of their value from the peak in March 2020. 30-year bonds have fared even worse, losing 53%. Some people are confused and I do not blame them. Was not fixed income as an asset class supposed to be…
Empowering family offices
I periodically recycle old posts on my blog to ensure that new clients can benefit from valuable content they may have missed. Today, I’m revisiting a post on family offices that are experiencing a surge in popularity based on my meetings with investors. I want to talk about something that does not typically get a…
Keep calm and carry on investing
I stumbled upon an old article by Michael Lewis, the author of the best-selling book “Flash Boys: A Wall Street Revolt” and thought some of you might find it intriguing. Bankers are apparently turning to transcendental meditation to alleviate the otherwise intolerable stress of their work. Poor lambs. I have picked some of the interesting comments in…
The heat is on
JP Morgan’s CEO Jamie Dimon warns of the most dangerous time in decades recently. There is certainly a lot on the plate for investors these days. Another fund report caught my attention while I was plotting some charts for a webinar on the markets later today. This fund has a long-term bullish position on Uranium…
Nobody should work on a Sunday
It is early Sunday morning, and I’m already thinking about the economy and the markets. I know I should not be but some habits die hard. This poor soul still has not managed to shake the addiction. Scary October is almost over. No more pumpkins, masks, spiders, or witches lurking about. October has a way…
Quality over quantity
Quantity does not always translate to quality. When it comes to networks, I know there are some people who spend lots of time at networking or business events to expand their connections because the more people they know, they have a higher number of opportunities open to them that may lead to professional advancement or…