That aside, I have gradually learnt to do less and am now trying out intermittent digital-fasting that includes the constant monitoring of the markets which has occupied my consciousness (with varying degrees of sobriety) for the past three decades as a market professional.
The unexpected summer rally fizzled out in the West, just as this column has rightly predicted. No thanks to uncertain policies, China’s markets have taken another step back even as President Xi Jinping’s expected “coronation” is poised to take place in October. Perhaps, a Great Leap “Left” is being priced in?
Singapore’s own Straits Times Index, meanwhile, has continued to bask in the light of being the best-performing developed market in the world as the steady stream of solid dividend payouts generate real returns for investors with the patience to stay put and stay home. That includes myself, keeping a home bias for the most part of my equity portfolio.
