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Rainbow after the storm
The Stock Exchange of Thailand (SET) was one of the worst-performing markets since 2023, largely due to political issues affecting the...
Aug 22, 20241 min read


Tokyo Bank Stocks vs. Treasury Yield
Chart : JCB 10-Year (red line) versus TOPIX Bank Index (RHS) (Source: Yahoo Finance; Avian Capital) The chart above illustrates a...
Aug 16, 20241 min read


Carry trades
We believe that the past few days of market declines can be attributed to low US employment numbers and the unwinding of Yen carry...
Aug 6, 20242 min read


Food for thought
While the markets have been ranged bound, held ransom by S&P 500, 2 markets might give positive surprises. Since July 2023, investors...
Jul 3, 20241 min read


The Wealth Wisdom: Patience Pays in Equities
Dollar averaging is a strategy that manages price risk when investing in stocks and mutual funds. The benefits are: Regular investing -...
Jun 18, 20241 min read


Aluminum Prices Rocket: Gas Shortages, China's Drought, and Sanctions Sizzle Supply
Aluminum future reached a two-year high due to strong demand and supply issues. Major mining company Rio Tinto had to halt alumina...
May 30, 20241 min read


S&P 500 Earnings Surprise Points to Resilient Economy
90% of the companies in the S&P 500 that have reported their results have posted profit growth of 8.4% (average), which is higher than...
May 14, 20241 min read


Time to Buy the Dip in China?
China’s consensus forward valuation is about 9x PE, similar to all other crisis except for the Global Financial meltdown in 2008 (6.6x)....
May 6, 20241 min read


Geopolitics Remain, But US Market Shines: Focus on Tech & Financials for Growth
The reporting season in US just began and the market is off to a good start. The Information Technology and Financial sectors performed...
Apr 29, 20241 min read


TSMC's Earnings Get Boost from Booming AI Chip Demand
TSMC's earnings were a mixed bag, with smartphone sales down and the auto industry using fewer chips. However, the future is bright...
Apr 22, 20241 min read


US retail sales surged in March 2024
US retail sales surged in March 2024, exceeding expectations. After an upward revision of February’s retail sales to 0.9% from 0.6%,...
Apr 16, 20241 min read


Cocoa futures reaching an all-time high of US$10,051 on April 2nd
Cocoa futures took a dip, sliding under the US$9,800 per tonne mark, following a record-breaking rally to US$10,051. Despite this...
Apr 8, 20241 min read
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