#1 Tesla Tesla has one hell of a run for the past few weeks. Well, I guess people are starting to take Cathie more seriously. For the Elon's naysayers, there will always be reasons why they believe competitors' EV will eventually topple Tesla's EV in the near future. As it stands, the price-performance ratio of … Continue reading Weekly Highlights 8 Feb: Tesla to $7000?
#1 Interest Rate to be slashed 3 times in 2020? For an economy that is burning hot right now, seems counterintuitive ain't it? It seems that every single problem in the economy can be resolved with a cut in the interest rate. Goldman even predicts a negative rate in the future if push comes to … Continue reading Weekly Highlights 19 Jan: US Federal Reserve to slash interest rates 3 times in 2020?
#1 How accurate is Goldman's prediction? According to Goldman, historically, when the S&P returned 30% on a rolling 12-month basis, the next year's return will average 10.4%. Goldman predicts S&P will return 6% with a 55% probability and 12% with a 25% probability To be honest, a 10.4% return is still pretty good. https://www.cnbc.com/2020/01/10/goldman-sachs-is-telling-wealthy-clients-stock-returns-will-be-much-less-than-2019-this-year.html https://www.cnbc.com/2020/01/09/deloitte-cfos-say-economy-is-going-to-slow-stock-market-overvalued.html … Continue reading Weekly Highlights 12 Jan: Goldman estimates US equities to gain 6% in 2020
#1 Stock trading on the Vanguard platform is free That is if you live in the US. I don't think residents in Singapore can actually open a Vanguard account. Nevertheless, the moral of the story is how come the brokerages in Singapore is still charging me to buy a stock???!!! https://www.cnbc.com/2020/01/02/low-fee-pioneer-vanguard-finally-joins-the-crowd-by-dropping-stock-commissions-to-zero.html #2 A Jim … Continue reading Weekly Highlights 5 Jan: Vanguard drop stock commission to 0
#1 Technology or recession to dominate the 2020s? While past performance is hardly an indicator for future performance, the current bull market stands stand at 10 years while the average bull market lasts about 4.5 years. It begs the following questions: When will the party end? When it does end, will it be a case … Continue reading Weekly Highlights 29 Dec: Investment themes for the 2020s