Posts

Wolf Review(5 things you need to know about George Yeo’s book launch on 31 Aug 2023 held at Victoria Concert Hall)

Image
  (Mr.Yeo & Wolf) (The beautiful Victoria Concert Hall was built in 1905) I have the honour and privilege of attending Mr. George Yeo’s official book launch for his 3rd and final instalment of his Musings trilogy at the Victoria Concert Hall. The books were co created by Woon Tai Ho. The event was well attended by many of George Yeo’s friends from the business and diplomatic circle. I saw Kishore Mahbubani, former dean of LKY School of Public Policy and Mr. Yao from Hi-P group among the attendees. No effort was spared to make the event a success. (Books provide detail insight into culture, history, religion, politics and personal life of George Yeo) The experience of hearing him in person was surreal. His speeches were far more impactful than hearing them on YouTube. Special thanks to my friend, Stratford, for the invitation to the book launch of the year. Below is a very short summary on 5 things you need to know about George Yeo’s book launch held at Victoria Concert Hall on ...

Wolf Money(world market review 28 Aug- 3 Sept 2023)

Image
  Lim Tze Peng Singapore 1921 Singapore River 1965 Gift of Lim Chun Ching Collection of National Gallery Singapore  Market Summary 28 Aug – 3 Sept 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - US manufacturing PMI contracted 10th straight mth in Aug, below 50 threshold, longest stretch since GFC  - US jobless rate rose to 3.8% in Aug vs 3.5% in Jul, highest since Feb 2022 + Nonfarm payrolls up by 187,000 vs DJ estimate for 170,000, data for Jul revised lower to 157,000 in Jul vs previously reported 187,000 - US private employers added 177,000 jobs in Aug vs revised total 371,000 added in Jul, DJ expecting 200,000 jobs added in Aug + Fed likely done raising rates after govt reports show unemployment rate rose in Aug and wage growth cooled  + Moody’s raised 2023 US economic growth forecast to 1.9% from 1.1% in May   - US equity funds see outflows for 5th successive week in 7 days to Aug 30, investors pulled net US$4.54bn from US equity funds  - US crude oil stocks fallen t...

Wolf Money(portfolio update for end Aug 2023)part 2

Image
  (Image credit: NFTnow.com; Bargain hunters’ greatest nightmare) Lone Wolf Fund(LWF) Portfolio as at end of Aug  1.) Cash 2.)  Boustead Singapore(BSL) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary   Wall Street was feeling the weight of its gain from July with substantial correction in early August. The comeback towards the end of the month reduced much of the losses.  Our market had a weak month, index was down around 4.5%. The Reits market was feeling the impact of high borrowing costs with many local Reits experiencing high single to double percentage losses in distribution income per unit. With the slowing economy in Singapore, the second half is likely to see the full impact of the high borrowing costs and increased vacancy rates. The upward adjustment of cap rates in some problematic commercial real estate segments might be imminent given the substantial drop in npi. The adj...

Wolf Money(Singapore Savings Bond Sept 2023 result)

Image
The result of SSBs is out. All applications get full allocation. This month SSBs is getting closer to full application due to the attractive yield. Next month SSBs are likely to be oversubscribed. God bless. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verif...

Wolf Money(world market review 21-26 Aug 2023)

Image
  Wang GuangYi China 1957 Coca Cola circa 2005 Collection of Park View Square Market Summary 21-26 Aug 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸   - Powell: higher rates may be needed to cool still-too-high inflation, will move with care at upcoming meetings  - US consumer sentiment fell modestly in Aug at 69.5 vs 71.6 in Jul, inflation expectations worsened slightly  + US economic activity picked up pace in Jul as gauges of production and personal consumption improved: Chicago Fed  - US 30-year fixed mortgage rate hit 7.49% at 23-year high, home-purchase applications fell for 6 weeks to lowest since 1995 + US lawmakers working to reach agreement on fiscal year 2024 budget by Sept 30 to prevent federal govt shutdown  + US seeks to extend science and technology agreement signed with China decades ago ahead of Raimondo’s visit  + US Commerce Dept lifts 27 Chinese entities from unverified list  + Boeing preparing to restart deliveries of 737 MAX jets to China af...

Wolf Money(portfolio update for end Aug 2023) part 1

Image
  (Image credit : Netflix ; Lily Collins in Emily in Paris) (Personal photo : The iconic Arc de Triomphe) (Personal Photo: The street where wallet got murdered) Le Non-Dit Des Sociétés Cotées(The unspoken language of listed companies)*pardon me, google translate In the popular Netflix romcom drama, Emily in Paris, Lily Collins portrayed Emily Cooper, an American marketing executive sent by her US company to their subsidiary in Paris to give an American perspective to marketing. Without knowing a word of French or local culture, she embarked on a difficult journey of communicating with her colleagues and clients, in which it resulted in miscommunication and her being the butt of the joke. Emily assumed everyone in Paris could or wanted to communicate in English. She was forced to learn the language in class so as to communicate well with her colleagues and clients. It is important to understand the language of choice in the area one operates so as to be able to communicate effective...

Wolf Money(listen to Lone Wolf blog) repost

Image
  There is a very useful feature in iPad and IPhone. A particular function call speak screen which allow the page to read out. This allow users to listen to my long blog, similar to audiobook. There are a few steps to set up Step 1 Click Accessibility Step 2 Click Spoken content Step 3 Click Speak Screen and Speak Selection. Step 4 Use two fingers to swipe down from the top of your screen to activate the function. Step 5 A control bar will pop out which allow you to skip paragraph or increase the speed of read. I find the function extremely useful for audio reading a long commentary on any website. Now everyone need not use more eye power to acquire knowledge. Try it today! Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highl...