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MARKET COMMENTARY

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Who or What to Believe?

Jun 7, 2022

11:45 am

• Some US corporate management signals trouble, but the consensus is still complacent • Its is weird that the market is expecting fewer rate increases than the Fed seems to be signaling • ECB likely to join other central banks in signaling higher rates – good news for the euro • We continue to expect…

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Three Opportunities

May 31, 2022

5:21 am

• As buy the dip gains some momentum in global equities, we look for long term value and not just tactical plays. • We see a great opportunity in Vietnamese equities after recent poor performance. Strong future growth and a low valuation. • We see value in Latam equities given their exposure to rising commodity…

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Markets on Target for further downside

May 25, 2022

6:39 am

• Concerns about less growth and more inflation appear to be driving sentiments currently • US retailing giant Target misses forecasts by a mile – a salutary lesson for investors • The US consumer has rolled over and faces a worrying increase in gasoline prices • The read-through for the rest of the market is…

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Light at the end of the tunnel?

May 18, 2022

10:12 am

The much talked about “Market Correction” – It’s finally here and it’s not the first time. Both globally and domestically markets are struggling to hold up. Optimism is gradually turning into despair and most market leaders of the previous rally are breaking down. There is no denying that we are in midst of global uncertainty,…

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