Investing Weekly Insights [31st Dec 2023 – 7th Jan 2024]

This “Investing – What is happening ah?” series has 5 broad categories to make it easy for the simple man to understand. They are:

  • Future 2050: Futuristic Technology Trends
  • Digital Economy: Fintech, Internet and E-commerce companies
  • Turnaround: Temporarily depressed due to specific market event but are likely to eventually rebound
  • Growth & Momentum: Companies with above average returns, minimal volatility
  • New Economies: Economies with strong growth potential (e.g. China, Taiwan, India and South Korea)

Introduction

Global stocks and government bonds ended the week lower as markets adjusted itself on profit taking with a selloff in 2023’s big tech winners after a nine-week bull run. Fed fund futures continue to trade at levels that imply a March interest rate cut was still on the table.

Future 2050 Portfolio

Significant decline in technology stocks and moderate decline in medical devices stocks partially negated by moderate increase in healthcare provider stocks. Technology stocks declined significantly as big tech adjusted itself on profit taking after a nine-week bull run.

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