The Happiest Office

Whenever a Gong is sounded, the entire building cheered and clapped. Employees walk around wearing lanyards pinned with colourful and smiley badges. A recruitment interview room designed to be like a Talent Show setting with a 3-judge table and bright bulbs that light up showing “WE WANT YOU!!” if the interviewee passes. Walk into this […]

Growth at All Costs? (Part 2)

Continued from Growth at ALL Costs (Part 1)… Increasing Interest Rates Meanwhile, in separate reports by western media, strong U.S. data, rising commodity prices, increasing wage pressures and aggressive monetary-tightening policies combined to push treasury yields to cycle-highs, and global bonds are sold down significantly. A chief economist puts it neatly: “Interest-rate risk hits all […]

Growth at All Costs? (Part 1)

On the last day of China’s Golden Week, a 7-day national holiday, the People’s Bank of China (PBOC) announced a knee-jerk 1% cut to the capital reserves banks are required to withhold from the current 15.5% for large institutions and 13.5% for smaller banks. Critically, this signals the PBOC’s intention to “boost confidence” and “increase […]

Rough Seas Ahead

Decreased global economic activities caused by the trade tariffs’ tension; increasing interest rates; the end of the US Federal Reserves’ monetary easing policies and the beginning of the monetary tightening cycle; combined with a reduced tax rate in the US; as well as the highly dramatic flip-flopping US-North Korea “relationship”; all these are causing institutional […]

Reacting vs Responding

A couple of months back, a friend and fellow investor asked if investors should rotate to hoard cash or remain invested/ buy more amidst these volatile conditions? The long answer to that is investors should consider to: Increase funds (new sources), Reduce stakes in relatively high valuations companies, Increase stakes in relatively low valuations companies […]