Joel Phua

Favour quality companies with strong balance sheets, consistent earnings and high returns on equity

For long-term investors, periods like these often offer opportunities rather than reasons for panic

While new developments can push up demand for protection, the competitive landscape for security services may change in the long term

With lofty valuations a key concern, Indian companies will likely need to deliver strong earnings growth to move the needle on equity prices

Despite supportive fiscal and monetary policies, the country’s market outlook remains subdued

Industry offers a rare combination of growth and resilience

With tariffs expected to weigh heavily on US companies’ profit margins this year, there might be limited upside for the index

While short-term sentiment towards American assets has soured amid economic uncertainty, the long-term foundations of its economy and markets remain intact

Those looking to cut their exposure to US equities in the near term may want to consider China, Europe’s defence sector, or money market funds and short-duration bonds

Their performance hasn’t been enough to please investors lately, but those in the long game will find this the right time to raise their exposure to this sector