by Charles Cheng, CFA     On July 13th, the US announced an inflation rate of 9.1% (5.9% core) year over year, higher than expected. Meanwhile, China GDP growth, announced not soon after, missed expectations at just 0.4% year over […]

by Charles Cheng, CFA     On June 14th, world equity indices dropped into bear market territory with both the MSCI World Index and US S&P 500 down more than 20% from their peak levels. This followed a greater than expected May […]

by Charles Cheng, CFA     Talk of recession has come back, following weak global equity markets and the negative US GDP results in Q1 2022, and earlier yield curve inversion. According to Google US search data, news references for […]

by Charles Cheng, CFA     Inflation is a major concern for USD and global investors again after hitting levels not seen in over 40 years. US CPI inflation hit 8.5% YoY in March 2021, the highest since December 1981, due to the rec […]

by Charles Cheng, CFA     The past few weeks have been marked with multiple crises. From the Russian invasion of Ukraine to the breakthrough of COVID-19 in China to extreme heat being recorded in the Earth’s poles, the consequence […]

by Charles Cheng, CFA     What does it mean to be a contrarian in investing? According to some respected investors, being contrarian is the only way to outperform the public market. After all, if you are doing something everyone e […]

by Charles Cheng, CFA     Entering the new year, it’s worthwhile to reflect on your investment performance in the past 12 months and also your investment strategy going forward. Investing can be a rewarding endeavor but also somet […]

Charles Cheng, CPA     As 2021 draws to a close, world equity markets are likely to finish the year in the positive and with an above average annual return despite the rough performance of some sectors and geographies like emergin […]

At the start of the year, discussion around financial markets was dominated by talk of asset bubbles as shares in money losing companies were finishing a massive run up that started from the second half of the previous year. Worldwide searc […]

With all the worry in the media about inflation, supply chain disruption, rising rates, COVID variants, and high valuations, equities have continued to run higher. World stocks are around all time high levels, led by US equities, with the S […]

by Charles Cheng, CFA     Why do stocks and other securities move? The quick answer is, it’s complicated due to the different behaviors and motivations of the people who trade them day to day. There are a multitude of reasons, som […]

by Charles Cheng, CFA     Since July 22nd (up to August 22nd), the government of China announced or hinted at rules to limit the business activity of the education, trust, movie, food delivery, video game, streaming video, and oth […]