by Charles Cheng, CFA     There are so many important components to investing, such as strategy, research, risk management, macroeconomics, and personal psychology that it’s easy to lose sight of the basic details.  Over time, many rou […]

by Charles Cheng, CFA     Inflation in the US continued to fall, hitting a two year low in June of 3% year over year and both equity and fixed income markets reacted positively to the data release.  Going forward, the path of futu […]

by Charles Cheng, CFA     On June 14th, the US Federal Reserve announced a pause in interest rate hikes after a year of continuous increases.  While this would normally be a dovish signal, they also signaled their expectations for addi […]

by Charles Cheng, CFA     For the past few months equity markets have continued to recover from the inflation and rate shock of 2022.  As of May 15th, the MSCI AWCI Index is up 7.8% year to date and the US S&P 500 is up 8.2%.  […]

by Charles Cheng, CFA     In March, the US Federal Reserve continued raising its key interest rate to the 5% level as part of its efforts to contain inflation.  This was the ninth consecutive rate hike from the initial 0.25% level star […]

by Charles Cheng, CFA     Causing a bit of market concern for investors in March, several banks in the US and Europe became financially distressed and required government intervention to prevent their problems from spreading throu […]

by Charles Cheng, CFA     As financial market looks to be making somewhat of a recovery from the lows of 2022, many investors may be looking for opportunities to increase their allocations in their portfolios.  For most investors, fina […]

by Charles Cheng, CFA     As 2023 and the Year of the Rabbit is upon us, many people are again making New Year’s Resolutions for themselves such as losing weight, quitting smoking, and building habits for self-improvement.  It’s also a […]

by Charles Cheng, CFA     If AI is indeed the next “Industrial Revolution”, one of the clearest current examples is in the capabilities of Open AI, the creator of GPT III, Chat GPT, and DALL-E. What follows will be an unedi […]

by Charles Cheng, CFA     With markets ravaged this year by the prospects of high interest rates, particularly in the US, the  November inflation data provided a welcome boost to equities.  October US CPI rose 0.4% and Core CPI ro […]

by Charles Cheng, CFA     High inflation and sluggish growth remain the outlook for world economies in October, following the latest round of economic data.  The OECD cut its forecast for global growth in 2023 to 2.2% from 2.8% pr […]

by Charles Cheng, CFA     The bounce-back in global equities sputtered with the release of higher-than-expected core inflation data and hawkish talk from the US Fed.  With the economy still slowly expanding amid the uncertainty of high […]