Time to re-strategise in face of challenges of 2019
SLOWING global economic growth, disappointing earnings results amid warnings over a slowdown in China, negative surprises in economic data readings, and significant volatility in financial markets - investors grappled with all these factors in the last quarter of 2018.
Taking shelter from a potential negative convergence
A year ago, the world was talking about a convergence in economic growth amid a "goldilocks" period of low inflation that would see benign monetary policy help sustain moderate economic growth. It was the view that such conditions would help earnings growth....
US high yield bond segment could face some pressure
WHILE most other major fixed income segments are posting losses on a year-to-date basis, the US high yield bond space has managed to thus far retain its year-to-date gains of 1.6 per cent (in US dollar terms). While this may seem paltry in absolute terms, it represents a sizeable outperformance...
Asia's fundamentals strong despite sharp market swings
FOLLOWING a strong start to the year with a gain of 5.5 per cent in January, Asian equities have tumbled over the past few months, sending their year-to-date performance (as at Sept 17) into negative territory, with prices declining 9.2 per cent in SGD terms.