bernardtayet
2022-06-29

Looking East is my recent thinking when come to stocks purchase. The recent Fed rate hikes and further hikes till end 2022 led me to this thinking. The US is trying to tame inflation which may cause a slow down or even stagflation in the economy.

On the other hand China and those countries in Asia or ASEAN may be trying to generate growth, in particular China, facing a slow down due to Covid19 lockdown. 

Hence I am overweight on Asian stocks, reducing exposure to US, except daily addictive consumer goods like $Coca-Cola(KO)$ Coca-Cola.

Locally in Singapore, I will continue to add defensive stocks like $SHENG SIONG GROUP LTD(OV8.SI)$or potential gainers from border reopening such as $COMFORTDELGRO CORPORATION LTD(C52.SI)$.

Market and Portfolio selection and diversity are important under such circumstances. Not all doom and gloom amidst volatility. Trading opportunities are still available.

Sharing my views of recent rates hikes, geopolitical situation, rising prices affecting stock market and how we could still explore some trading options. 

As usual, this is just my opinion, likely to be differ from some of you. Trade with caution and align to your objective. 

Best wishes. 

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Comments

  • HarryCox
    2022-06-29
    HarryCox
    yeah, SG market was not doing so bad but it is still a hard time
  • JohnnyYoung
    2022-06-29
    JohnnyYoung
    Love OV8. The SG market is not doing too bad. Keep going
    • bernardtayet
      Certainly true. Hope it can held up on its own..
  • CynthiaTeo
    2022-06-30
    CynthiaTeo

    Good article

  • Kiyosumi
    2022-06-29
    Kiyosumi

    Good article. Insightful and wise

  • PandoraHaggai
    2022-06-30
    PandoraHaggai
    Thanks for sharing. What you said makes sense.
  • SC CBK
    2022-06-30
    SC CBK
    Good buy to the future
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