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Tong's Portfolio
Tong's Portfolio
Room for a further reduction in interest rates
Suffice it to say, this current breed of central bankers have evolved far beyond their traditional role as regulators and ensuring a smooth-operating financial system.
June 26, 2020
Tong's Portfolio
A short-sighted market
Yet, despite the latest bout of volatility, markets have stayed very resilient. The strength and durability of the current rally continue to confound many professional market observers.
June 19, 2020
Tong's Portfolio
The market is right about a stimulus-augmented V-shaped recovery
Stocks have continued to rise despite dismal economic data and corporate earnings, political worries and street protests in the US, renewed US-China trade war tensions as well as pandemic uncertainties.
June 12, 2020
Tong's Portfolio
From a sharing to a no-sharing economy?
The viral outbreak has instilled a fear in us — more so in some than others — the fear of friends and associates and especially of strangers.
June 05, 2020
Tong's Portfolio
Cheap money chasing up stock prices
The tech sector is also widely seen to be one of the biggest beneficiaries of behavioural changes in the aftermath of the Covid-19 outbreak — such as the shift towards e-commerce.
May 29, 2020
Tong's Portfolio
Yet another stock-market scam - mini-tender offers
When an offer appears too good to be true, it usually is. We were reminded of this little bit of wisdom just this week.
May 08, 2020
Tong's Portfolio
How close are Bursa and SGX-listed companies to financial distress?
SINGAPORE (Apr 30): There is no question that the Covid19 pandemic and resulting restriction on movements will inflict significant economic pain on businesses on a global scale. Most government aid packages are currently focused on helping to tide small a
April 30, 2020
Tong's Portfolio
Which will remain in 12 months' time - the Covid-19 pandemic or the effects of the stimulus?
Historically, analysts have never been very good at revising down earnings estimates, especially during crises. Worse, the current health crisis has no precedence for guidance.
April 17, 2020
Tong's Portfolio
Cash flow relief to keep viable companies afloat
(Apr 9): Five months into the Covid-19 pandemic and there remains much that we do not know about the virus. Every government is grappling with the unknown, from the most powerful nations in the world, including the US and the UK, to the smaller, emerging
April 09, 2020