Will I sell DBS Bank stock and buy REITs? With interest rate cuts coming?
So I received this great question from a reader: Hi FH, With the Feds projected to cut interest rates soon. Do you think now is a good time to sell DBS Bank stock and buy REITs instead? With lower interest rates, bank net interest income may start to drop. While REITs may see improving […]
US stock quick picks – Aug 3
Shortlist of US stocks Top Movers: Under $10 VSee Health Inc. (VSEE) is up 112.35% today to trade at the current level of $5.16. This comes after the company announced an agreement with Ava Robotics to develop Telepresence solutions for the Hospital Inpatient Intensive Care Market. OS Therapies Inc (OSTX) zoomed 45.00% in today’s trade to […]
Coinbase Stock Rises On Revenue Beat, Jump In Crypto Activity – 2 Aug
investors rotating out of stocks into safe Treasuries – 2Aug
Falling bond yields and the prospect of lower interest rates may have helped fuel investors’ animal spirits and the recent mega rally in world stocks, but it’s a different story when borrowing costs are falling because recession fears are rising. That’s the market landscape investors in Asia wake up to on Friday after disappointing U.S. factory […]
Powell’s shift led to Nasdaq & S&P 500 best day in 5 months – 1 Aug
Time to celebrate Stocks up Fed Chair Jerome Powell has confirmed that an interest rate cut “could be on the table as soon as September” if inflation and jobs continue to improve. Translation: Keep an eye on the incoming data. The odds of a 50 basis point rate cut also climbed after the comments, underscoring […]
Fed left rates unchanged
After an unexpectedly bold move from the Bank of Japan, the Federal Reserve indicating that U.S. rates are about to come down, and an explosive rise in U.S. megacap stocks on Wednesday, investors may be in need of some respite on Thursday. Good luck with that. Aside from the continuing ripples across all asset classes from the BOJ, Fed […]
Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings – 31 Jul
Stock Market News Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings – CNBC PayPal lifts 2024 profit forecast for second time as spending holds up, margins improve – Reuters JetBlue jumps 17% after surprise profit, $3 billion aircraft spending deferral – CNBC Buffett’s sales of Bank of America stock top $3 bln – Reuters AMD […]
All eyes on BOJ & Fed’s decision today 31 Jul
Asian assets have rarely been exposed to as many market-moving triggers in one day than they will be on Wednesday, with the Bank of Japan rate decision and China’s purchasing managers index reports topping a packed policy, data and corporate calendar. Investors are also bracing for second quarter GDP estimates from Taiwan and Hong Kong, inflation numbers from […]
US stock quick picks – Jul 30
Stock Market News McDonald’s posts surprise drop in quarterly global sales as spending slows – Reuters Apple’s artificial intelligence features to be delayed, Bloomberg News reports – Reuters Microsoft’s costs in focus as fears rise over slow payoff from AI – Reuters Delta Air Lines to seek compensation over cyber outage, CNBC reports – Reuters Tesla jumps on replacing […]
Investors turn long on Singapore dollar after 7 months 30 Jul
Today’s Market News Investors recoil as this year’s ‘everything rally’ screeches to a halt McDonald’s India franchisee Westlife posts Q1 profit drop on higher costs, weak demand China to earmark $41 billion in bond funds to bolster recovery Investors turn long on Singapore dollar after 7 months; bearish bets on Asian FX ease China […]
