Lone wolf investor

(Source : Paramount Picture, The sequel of Top Gun is top notch and out of the top draw) Lone Wolf Fund(LWF) Portfolio as at end of June   1.) Cash  2.) Singapore Medical Group(SMG) 3.) Comfortdelgro Corporation(CDG) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary Sell away in May and go away in June. The market jingle had its way after all. For the past two months if you had flown out to another country, away from the stock market for a well deserved holiday, you would have easily save 15% on your investment capital. The market had gone Gaga, no amount of “hold my hand” can calm the market jitters. The closest thing of me taking to the sky was a trip to the cinema for a Top Gun sequel. Made popular by Tom Cruise, the first instalment in ‘86 was the very movie that made him the legendary A lister of Hollywood. In 1986, major events grabbing the headline beside the exploding stardom of Tom Cruise in...

  Preecha Thaothong Thailand 1948  Temple Interior circa 1975  Collection of National Gallery Singapore  Market Summary 20-26 June 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 + US economy will ‘narrowly avoid’ recession in 2022 and 2023 as Fed implements rate-tightening to curb inflation: IMF + US all 34 banks passed 2022 stress test, remained above minimum capital requirement: Fed  + US central bank’s balance sheet should be “roughly” US$2.5 – US$3 trillion lower compared to current situation, down to size Fed could conduct monetary policy: Powell  - US gas-tax holiday is certainly “worth considering” as Americans have been burdened by record-high gas prices: Yellen  + US inflation to fall close to target of 2% in next years: Powell  - US existing home sales down 3.4% in May vs previous mth and 8.6% annually  - US has not seen full effect of China lockdowns: Powell  + Biden to visit Saudi Arabia to ask for increase in oil production  + US govt i...

  Financial market in month of May and June were in tremor where profit were in slim pickings. It might be time to buckle up, keep calm and “Jia roti”(eat bread).  OK! OK! I admit dramatising bread as food of last resort but no one can deny the importance of bread since biblical times summarised by book of Matthew. What Matthew mean In Singlish “Jesus give everyone bread and all wouldn’t go hungry one lah” Jesus said to them, “I am the bread of life; whoever comes to me shall not hunger, and whoever believes in me shall never thirst. Matthew 6:11 To be honest, I love my bread. They are so utilitarian and easy to eat. A breakfast done in 5 mins or a quick snack to fill that hungry stomach. There are two particular bakeries which I frequently patronise due to their close proximity from my home.  (Source Singapurastories.com, old map with Sumbawa Road) Sembawang Confectionery@Blk 6 Beach Road #01-4869 (S) 190006 I have been eating their bread since I was a kid. It was a habi...

Sandra Hill, Perth, Western Australia 1951 Double Standard circa 2015 Collection of National Gallery of Australia, Canberra    Market Summary 13-19 June 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - Fed raised benchmark interest rate by 75 basis pts, biggest rate hike in 28 years  - Powell says Fed could hike rates by 0.75% point again in July  - US producer price index rose 10.8% in May YoY - US retail sales posted 0.3% decline in May vs estimate 0.1% increase  + Biden deciding on China tariffs, says he will speak with Xi soon  + Trump era some China tariffs serve 'no strategic purpose': Yellen  - US factory production output fell 0.1% in May, first decline since Jan    + US industrial production up 0.2% in May  - US stocks sink to lowest value in a year  - US several hundred CEOs determined most C-suite executive expect recession within 12 mths: survey - US gasoline prices hit all-time high  - US 30-year mortgage rates see biggest 1-week j...

Fed had just increased interest rate by 0.75%. The biggest increase in modern day monetary history of the US central bank. Fed fund rate is at 1.5-1.75% currently. The chairperson had indicated interest rate will be meeting to meeting dependent with range from 0.50-0.75%. They have also cut US GDP growth to 1.7% from 2.8% in 2022. As mention in my monthly update, every crisis start with interest rate risk, follow by liquidity risk then credit risk. My personal take, the market had more or less priced in the interest rate risk. Over the next few months I suspect liquidity is going to be curtail which will lead to some high profile corporate failure. Cash is king holds truth in a liquidity constraint market. Keeping personal finance in tip top condition is key.   Wolf Money(interest rate watch 4.0) March 17, 2022 The Fed had raised interest rate by 0.25%. The US Fed had forecast another 6 hikes before the year is up. 3 increases in 2023 and no increase for 2024. The rise in interest ...

Koh Sia Yong Singapore 1938 Indian Worker circa 1958 Collection of National Gallery Singapore   Market Summary 5-12 June 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - US inflation hit a new 41-year high in May of 8.6% on soaring gasoline, food prices  - US Fed will hike key interest rate by 50 bps in June n July, similar move in Sept: Reuter polls   - US weekly jobless near 5-mth high; unemployment rolls smallest since 1969 - US Treasury yields highest since late 2018 after data  - US luxury home sales fall 18%, lowest since start of pandemic  - U.S. gasoline average price tops $5 per gallon in historic first - US consumer confidence decreased 14% on mthly basis to 50.2 points, at record low in June  - US bond funds witnessed massive outflows in 4 weeks  - Americans are deeply pessimistic about economy: Poll  - US household wealth declined for first time in 2 years in Q1   + US SEC chief unveiled plans aimed at making the US$45 trillion US equities ma...