The global stock market has just had an amazing rally in April despite a looming recession ahead. Do you feel puzzled and frustrated by this? Did you sell your stocks in March or were you waiting on the sidelines? The further we get into this global lockdown due to the COVID-19 pandemic, the clearer the […]
Coronavirus and US Debt Crisis – When Black Swan Meets Grey Rhino
At the beginning of every month, I send an investment letter, the GMC Notes, to all my clients. The purpose of sharing this is to document my thinking process, both right and wrong, during my investment journey and also invite constructive discussion so we all can learn from each other. Note this post will only […]
Three Investment Principles you Need in Order to Invest Amidst the US-China Trade War
To most people, the US-China Trade War is a disaster. If you believe in the mainstream media, the trade war is a lose-lose situation. Stock market crashes, economic downturns and next financial crises are going to erode your wealth. But for a smart investor, it is a golden opportunity. Volatility shakes off weak hands and […]
Falling Oil Price: Will There Be A Credit Crunch?
Who are the smartest and most heartless companies in the world? You bet, the banks. If you recall my article at the beginning of the year, I have explained the real ‘time bomb’ from sharp falling oil price is not just the looming future of the energy companies but the impact to the financial system, the […]
Sharp Falling Oil Price – The Real Time Bomb
Global oil prices had crashed by more than 50% in the past few months. The sharp falling oil prices are leading to significant revenue shortfalls in many energy-exporting countries. At the same time, consumers in many importing countries are going to pay much less for their daily usage of energies or drive their cars. While […]
Falling Oil Price: Why Russia’s Problem Is Your Problem
Can you foresee that your mortgage interest rate rises to 17% in a day? That may be unimaginable to many Singaporeans. However, the Russian Central Bank has just shown case and raised its benchmark interest rate from 10.5% 17% to try and stop the collapse of the Ruble (Russia’s currency). While Singaporeans are busy cashing in […]