“Hot” On The Plate The US debt ceiling has popped up on the discussion table, as the US Congress look to reach a deal to raise the federal borrowing limit before the government runs out of money by mid-October. In 2011, S&P reduced the credit rating of the US from triple A to double A, […]

“Hot” On The Plate US stocks pulled back from record highs. This is the second consecutive weekly drop for US markets amid the seasonally weaker month for markets, as investors take profit after a good run for US stocks year to date. With data backing up to 1928, September has been the worst months for […]

“Hot” On The Plate More alarm bells sounded on US stock market on valuation and growth concerns US markets have been on a tear this year, with major US stock indexes up more than 10% YTD, and about doubled from the COVID-19 trough in March 2020. The fast run up had made this bull market […]

“Hot” On The Plate US stocks ended mixed on Friday after US August Jobs Report disappointed with just 235,000 jobs created, well below estimates of 720,000. More on the US jobs report here This was the smallest monthly addition since January, as US president Joe Biden blamed the delta variant and unvaccinated people for the […]

What happened in markets this week, and what are analysts talking about? SBS Transit •DBS; Initiate with HOLD with TP S$3.44. The House initiated SBS Transit with a HOLD with TP of S$3.44 representing SBS’s 10 year average PB of 1.74x. Total average daily rail ridership across SBS train lines was 1.22m in FY19 vs […]