Tong's Portfolio

Tong's Portfolio

Why foreign equity funds are net sellers in emerging markets

Foreign investors have been huge sellers on Bursa Malaysia, withdrawing nearly RM21.3 billion ($7 billion) so far this year. This is the highest annual net outflow since at least 2010.

Tong's Portfolio

Stock valuation is also determined by its trading liquidity

Much has been written on how the current stock market rally is one that is driven by retail investors against a backdrop of massive liquidity, the trillions of fiat money injected into economies fr

Tong's Portfolio

Money from moratorium fuelled stock rally

To say that this has been a year filled with unpredictability and uncertainties would be a gross understatement.

Tong's Portfolio

Deflation is dead ... long live inflation, again

Has anyone noticed that prices, especially of food, are creeping higher and/or we are getting fewer/smaller portions for the same price?

Tong's Portfolio

Rotating to cyclicals on earlier-than-expected Covid-19 vaccine

The US — and global — stock market rally seems to be losing steam even as the S&P 500 index hits a fresh all-time record high.

Tong's Portfolio

Gold regains its glitter

Gold has performed very well as part of the broad-based global assets rally, rising as much as 36.4% this year, outperforming the Standard & Poor’s 500 index as well as the tech-heavy Nasdaq Co

Tong's Portfolio

Start of a multi-year downtrend for the US dollar?

Recent US data may suggest rising odds that the economic recovery is at risk of slowing or, worse, stalling, with the resurgence in Covid-19 cases, but stocks continued to march higher.

Tong's Portfolio

Goldman says Covid-19 vaccine approval could upend markets

Investors should consider the risk of a successful coronavirus vaccine unsettling markets by sparking a sell-off in bonds and rotation out of technology into cyclical stocks, according to Goldman S

Tong's Portfolio

Older investors go for gold, younger ones Bitcoin, JPMorgan says

The behaviour of retail investors during the pandemic varies significantly across age groups, according to JPMorgan Chase & Co.

Tong's Portfolio

Transparent rules needed on share margin financing

Global stocks are on track to register the fourth straight month of gains, extending the remarkable sharp and quick recovery from the Covid-19 pandemic-driven lows in March.

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