speculation

Our guiding principle: Absolutism within relativism in value investing - THE EDGE SINGAPORE

Tong's Portfolio

Our guiding principle: Absolutism within relativism in value investing

Beauty may be in the eye of the beholder, but stocks have absolute values.
Bitcoin is 'digital gold', but less - THE EDGE SINGAPORE

Tong's Portfolio

Bitcoin is 'digital gold', but less

Not surprisingly, there is significant controversy surrounding Bitcoin.

Tong's Portfolio

Gold regains its glitter

Gold has been a traditional store of value and hedge against inflation as well as economic-geopolitical uncertainties for thousands of years — and a strategic asset in many diversified portfolios, including those of central banks.

Tong's Portfolio

Transparent rules needed on share margin financing

While most stocks have rebounded from their earlier lows, there is no doubt that the biggest of gains are focused on select sectors, notably technology and healthcare.

Tong's Portfolio

Some analysts are either daydreaming or conflicted

We understand why brokers continue to promote glove maker stocks — they are big, liquid companies that can generate substantial business volumes. Will their share prices go higher? Probably.

Tong's Portfolio

Excessive unproductive liquidity causes irrational speculation in stock markets

The reality is that, while earnings and cash flow determine stock prices in the long run, short-term prices are driven by demand and supply.

Currencies

China's yuan hovers near key level amid intervention speculation

HONG KONG (July 3): Chinese banks were seen selling dollars after the yuan weakened past a key level, stoking speculation that authorities were seeking to slow the losses.
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