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Tong's Portfolio
We are overweight the US housing sector
The US bond market rallied strongly even as fear over the coronavirus outbreak is driving the stock market’s steep selloff.
March 06, 2020
Tong's Portfolio
Worries over slow global investment growth overamplified
(Nov 18): Will the slowdown in business investments derail the US economy? This has been one of the biggest worries for investors. Despite resilient GDP growth, many continue to fret over the imminent end of what is now the longest expansionary cycle on r
November 15, 2019
Tong's Portfolio
Adobe is another example that the future favours the subscription model
(July 19): US stocks continue to outperform the rest of the world this year. The Dow Jones Industrial Average, Standard & Poor’s 500 and Nasdaq Composite all hit fresh record highs this month. The three benchmark indices are currently up between 16.7% a
July 19, 2019
Tong's Portfolio
Mixed bag of marriage, Raya, home and Mickey Mouse
(June 3): How many bridegrooms get to introduce his grandchildren? Well, I did, last Monday. And Selamat Hari Raya to all our Muslim friends. Now, to the article for the week. Why home and Mickey Mouse?
May 31, 2019
Investing strategies
We are adding three US consumer-related stocks based on our contrarian view
(Apr 12): Last week, I talked about why US consumers may well be the key driver for near-term global growth, contrary to widely held views. To very quickly recap, thanks to a decade of deleveraging, in the aftermath of the global financial crisis, US hous
April 15, 2019
China Focus
Trump's tariff could kill thousands of small businesses in China
SHANGHAI/HONG KONG (March 20): Higher labor costs and stricter regulations keep nudging Eric Li’s glass factory in southeast China toward insolvency, even though his lampshades are on the shelves at Home Depot. President Donald Trump’s threatened tar
March 20, 2017
Apple, energy shares shine as Wall Street rallies
NEW YORK (May 17): Wall Street rallied sharply on Monday, juiced by a jump in Apple shares and gains from energy stocks that were backed by stronger oil prices.
May 17, 2016