market-commentary

MARKET COMMENTARY

Scroll Down

Back to Normal?

Jun 28, 2021

11:12 am

• Singapore leadership’s vision of COVID as an endemic and not a pandemic gives us a glimmer of hope that we will finally overcome the challenges of the past 18 months • Greater mobility and interaction between people could further facilitate the move to a more vibrant global economy • Hopes of further momentum in…

Read More

Much Fuss About Dots

Jun 21, 2021

10:39 am

• Markets reacted sharply to rising dots at the Fed • We find it difficult to square the near-term moves in long term US government bond yields with the likely direction of the markets over the medium term • Equities were overbought and vulnerable to the Fed news…but the medium-term still appears constructive • More…

Read More

Inflated Complacency

Jun 14, 2021

10:27 am

• Bond market fails to be impressed by a record 5.0% US inflation. • The market’s characterisation of high inflation as ‘transitory’ is exaggerated, in our view. • Global core inflation at a 25-year high. • ESG and wage inflation could still spring a significant inflation surprise. • Fundamentally, a 1.45% 10-year government bond yield…

Read More

Touching New Heights

Jun 9, 2021

8:11 am

Last month the market capitalisation of companies listed on the BSE crossed USD 3trillion for the first time, doubling from USD 1.5trillion in March 2020. India first touched the USD 1trillion mark in May 2007, it took another 10 years to reach the next trillion. The last trillion has taken lesser than 4 years. India…

Read More
Top