Lone wolf investor

  Selamat Datang Monument@Bundaran HI, Jakarta Market Summary 2-8 Sept 2024 *USA* / NORTH AMERICA* + US Composite PMI Output Index at 54.6 in Aug vs 54.3 registered in Jul  -S&P Global US Manufacturing PMI revised down to 47.9 in Aug from a preliminary 48 -US ISM manufacturing PMI edged higher to 47.2 in Aug at 21st monthly contraction in factory activity in last 22 periods  + US services PMI at 51.5 in Aug vs 51.4 in Jul + US new orders for manufactured goods increased by 5% in Jul MoM to US$592.1bn  -US stocks weighed down by concerns over slowing labour market and tech selloff  -US trade deficit at US$78.8bn in Jul, expanding from deficit of US$73bn in Jun  + US nonfarm payrolls up by 142,000 in Aug vs expectations of 160,000, jobless rate held steady at 4.2% -US private payrolls rose by 99,000 in Aug, lowest since Jan 2021: ADP -US 10-year Treasury yield lowest since Jun 2023 under 3.7% following nonfarm employment report  + US average hourly e...

(Indonesia 79th Independence Day) Indonesia just celebrated their 79th Independence Day on 17th of Aug. They have officially shifted their capital city from Jakarta to Nusantara. It was a joyous occasion for all Indonesians. Let’s get going by mentioning the not so enjoyable part of Jakarta, The weather and air quality were less than ideal. Other than those two things which we can’t control, most parts of the trip were quite enjoyable. People were polite. In area of hospitality, the Indonesians are outstanding. I was greeted warmly everywhere I went. From GRAB drivers to security guards, they are the unsung heros of Indonesian tourism. To me, it is always about the people-to-people interactions that make the country worth revisiting. Terima Kasih(thank you) to those people whom we met for making our trip special. These are my Lone Wolf Investor’s 5 things you need to know about Indonesia. 1.) Indonesia economy   The country relies on exporting minerals and commodities with China be...

  （Image credit: BrainyQuote) Market Summary 26 Aug – 01 Sept 2024 *USA*  + Fed will almost certainly cut rates on Sept 18 as Powell signalled at Jackson Hole  + US consumer spending up 0.5% in Jul, PCE price index up 0.2%, advances 2.5% YoY, core PCE inflation gains 0.2%, up 2.6% YoY, personal income climbs 0.3%, savings rate falls to 2.9%, lowest level since Jun 2022  -US jobless rate jumped to near 3-year high of 4.3% in Jul  + US consumer confidence rose 2.3% in Aug to 6-mth high amid optimism over economic outlook  + US home prices forecast to rise modestly as Fed cut rates: Reuters poll  + US auto sales expected to rise 4.2% to 1,437,954 in Aug YoY  -IBM closing it research and R&D division in China, affecting >1000 employees   + pentagon awarded Lockheed Martin contracts worth >US$5bn  -US requested trade dispute settlement consultations with Canada over its new digital services tax -Goldman Sachs may cut its workforce b...

  (Image credit: Unseen-Japan; The new Japanese currency)  Lone Wolf Fund(LWF) Portfolio as at end of Aug 2024 1.) Cash 2.)  Singapore Post Ltd 3.)  GRAB Holdings Limited 4.)  Wilmar International   *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary Apa Kabar? Greetings from Indonesia. I pre-wrote my portfolio review before my trip to Indonesia, the land of the thousand islands. Do watch out for my upcoming 5 things you need to know about Indonesia.  August month started with the Yen carry trade tantrums. It had an instant impact. Nikkei was down 12.5% in a single day. The biggest one day drop since 1987. The rest of the markets were running for cover. There seems to be some normality coming back to the market after the sell-off, but I can sense the underlying uneasiness in the market. I wouldn’t go into the fine art of predicting the market but I have taken some precautions o...

(Image credit: Depositphoto.com) It is time of the year for me to take a break. Lone Wolf will be offline for a week. I hope to recharge and come back with better content and investment idea. Take care and I will see you soon. 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...

  (Source: MAS)   The result for the Sept issued SSBs. All applications within limits got full allocation. I am pleasantly surprised everyone got full allocations as Sept issue might be the last issue to see a 3 handle. Next month SSBs is going to be near high 2% ish. Congratulations. 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 submit...

  (Image credit: BrainyQuote) Market Summary 19-25 Aug 2024 *USA*  + Powell: “the time has come” for US to cut interest rates; timing and pace will depend on incoming data, evolving outlook and the balance of risks  -US economy created 818,000 fewer jobs in the 12-mth period through Mar 2024, nearly 30% lesser than initially reported; biggest downward revision, professional n business services at 358,000 lesser  -US Manufacturing PMI fell to 48 in Aug vs 49.6 in Jul, mark 2nd consecutive contraction in factory activity at sharpest pace this yr -US PMI Composite Output Index fell to 54.1 to its lowest level in 4 mths: S&P Global -US initial jobless claims rose by 4000 to 232,000 vs expectations of 230,000 -Dollar hit 7-mth low on rate cut bets  -US Treasury yields fell toward 3.8%, approaching its lowest level in 14 mths after Powell gave clear signals of interest rates cut  -US building permits fell 3.3% to seasonally adjusted annual rate of 1.406m in J...