WSJ FINANCE | CURRENCIES

Dollar’s Resurgence Is a Headache for the Rest of the World
Surging Treasury yields help send the U.S. currency to its best quarter in a year

https://www.wsj.com/finance/currencies/doll...share_permalink

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WSJ FINANCE | INVESTING | HEARD ON THE STREET

How the Fed Made a Worrisome Economic Signal Go Away
A distortion in economic data that had caused concern has been wiped away

https://www.wsj.com/finance/investing/how-t...share_permalink

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WSJ FINANCE | BANKING

Rising Rates Likely Hit Bank Balance Sheets in Quarter
Lenders need to pay up to keep depositors, pressuring earnings

https://www.wsj.com/finance/banking/rising-...share_permalink

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WSJ FINANCE | INVESTING | HEARD ON THE STREET

The Bond Regime Change That Is Whacking Stocks, in Six Charts
Fixed-income markets have shaken off the last vestiges of the post-2008 stimulus era. This tectonic shift has huge consequences for stocks too.

https://www.wsj.com/finance/investing/the-b...share_permalink

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WSJ BUSINESS | AUTOS

Rivian’s Quest to Build the Ultimate Truck Burns Through Billions
The EV maker has struggled to keep production up and costs down

https://www.wsj.com/business/autos/rivian-e...share_permalink

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WSJ ECONOMY | CONSUMERS

Americans Are Still Spending Like There’s No Tomorrow
Concerts, trips and designer handbags are taking priority over saving for a home or rainy day

https://www.wsj.com/economy/consumers/ameri...share_permalink

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WSJ NEWS EXCLUSIVE | ENERGY & OIL

The Secret Behind the First $1 Billion Green Hydrogen Startup
Electric Hydrogen has produced a better electrolyzer that makes the clean fuel economic

https://www.wsj.com/business/energy-oil/the...share_permalink

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WSJ REAL ESTATE

The Apartment Market Is Hitting a Construction Lull
Higher interest rates, falling rents contribute to decline in building starts

https://www.wsj.com/real-estate/the-apartme...share_permalink

10-year UST hit 4.7% p.a. intraday! REITs gonna get hit for a second round...

For newbies to bonds.

WSJ FINANCE | INVESTING

It’s a Good Time to Buy Bonds. Just Know What You’re Getting Into.
What you need to know about adding bonds to your portfolio as Treasury yields hover at 5%

https://www.wsj.com/finance/investing/inves...share_permalink

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WSJ TECHNOLOGY | ARTIFICIAL INTELLIGENCE

Microsoft CEO Says Google’s Agreements With Apple Unfairly Harmed Bing
Satya Nadella says it will take more than AI to check Google’s advantage in internet search

https://www.wsj.com/tech/ai/microsoft-ceo-t...share_permalink

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WSJ FINANCE

Ether ETF Debut Leaves Small Investors Underwhelmed
Most of the futures-based funds end their first trading day in the red

https://www.wsj.com/finance/ether-etf-debut...share_permalink

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WSJ NEWS EXCLUSIVE | INVESTING

Investor Group Raises Bid for Hedge-Fund Firm Sculptor
The bidding group is led by Boaz Weinstein

https://www.wsj.com/finance/investing/inves...share_permalink

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WSJ FINANCE | STOCKS

Falling Utilities, Rising Yields Weigh on Stocks
Benchmark 10-year Treasury yield tops 4.7% intraday

https://www.wsj.com/finance/stocks/global-s...share_permalink

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WSJ PRO | BANKRUPTCY

SmileDirectClub Faces Liquidation Threat After Losses, Lawsuits
The tooth-alignment company is searching for a buyer in bankruptcy to continue as a going concern

https://www.wsj.com/articles/smiledirectclu...share_permalink

Here we go again... good news is bad and bad is good for the market.
We're stuck in this range...

10-year UST touched 4.8%! 30-year reaching nearly 5%... Now looks tempting to buy long-term UST... REITs on a 3rd day of rout.

WSJ FINANCE | STOCKS

Dow’s 2023 Gains Are Wiped Out as Bond Yields Rise
The 10-year Treasury yield tops 4.8%

https://www.wsj.com/finance/stocks/global-s...share_permalink

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WSJ NEWS EXCLUSIVE | RETAIL

Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Prices
The strategy, as described in redacted parts of FTC lawsuit, is part of agency’s case that Amazon has outsize influence on consumer prices

https://www.wsj.com/business/retail/amazon-...share_permalink

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WSJ NEWS EXCLUSIVE | FINANCE

You Can Now Invest in ‘Shrek’ Music Rights the Same Place You Buy Stocks
The Public platform offers everyday investors a slice of ‘Shrek’ catalog with quarterly payouts

https://www.wsj.com/finance/you-can-now-inv...share_permalink

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WSJ FINANCE

When Will the Fed Stop Raising Rates? That’s the Trillion-Dollar Question for Bond Investors
Asset managers are betting on flood of money into fixed-income funds that has yet to materialize

https://www.wsj.com/finance/when-will-the-f...share_permalink

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WSJ BUSINESS | AUTOS | HEARD ON THE STREET

As Tesla Deliveries Sputter, BYD Looks Alluring
The Chinese company made more EVs than Tesla in the quarter just ended and its shares trade for a third of the price

https://www.wsj.com/business/autos/as-tesla...share_permalink

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WSJ ECONOMY | HOUSING | HEARD ON THE STREET

Wall Street Thinks America’s Homes Are Overvalued
As prices paid for the average single-family property hit record highs, big investors are taking a pass

https://www.wsj.com/economy/housing/wall-st...share_permalink

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WSJ TECHNOLOGY | BIOTECH | HEARD ON THE STREET

Vivek Ramaswamy’s Former Company Is Doing Just Fine Without Him
Roivant wouldn’t be where it is without Ramaswamy, but his departure has made the company more palatable to Wall Street

https://www.wsj.com/tech/biotech/vivek-rama...share_permalink

There is enough migrate people from the south to fill up the job.

Still not enough.

This is an interesting article for those following Ajay Banga's news: https://mysinchew.sinchew.com.my/news/20231...sinchew/5031272

Why need to go for UST 10y or 30y ? DBS' USD FD is 5.15% for 1y.

Is it because you want to lock-in the rate for the longest period ? But why need to do this ?

Yea, you never know if rates will go down any time in the coming years. But there is a risk the high can go higher...

You see if 10-year or 30-year hits 5% p.a., it means for the next 10/30 years, every year you will surely get 5% p.a.

This is the risk-free rate, before adjusting for inflation. Certainly tempting... considering that a few years back you have to buy junk bonds just to get 5% p.a. nominal return...

For insurers or those with long-term liabilities to hedge, higher rates for long-duration bonds mean you pay less today. Really a big boon for savers and creditors.

If the 10y or 30y UST does drop back, this would mean the Feds are cutting rates. When this happens, one would move his funds back to equities and bonds, which would be more lucrative than a mere 5%.

Yes, but this is market timing. And we all know we rarely time the market correctly.

If FD rates start to drop, then we can start to switch over into equities and REITs. Let's if I'm right again,....

Because he like risk free and long duration 🤦‍♀️

It will start dropping by middle next year 🤦‍♀️ once the drama showdown is done in the House and when election seasons hits ups because we are going through slowdown next year

lol not necessarily long duration lah. Really depends on your financial objective.

Short-term parking fund -> T-bills

Long-term planned events like marriage/travel/retirement etc. -> T-notes/T-bonds

Actually,... it's not riskfree too. If the USD starts depreciating, even if you get more USDs, the purchasing power will be lower.

Ok, so depends on your financial objectives. E.g. retire in Malaysia -> risk-free MGS/GII. But rates are terrible...

So we ahem... can take risky positions and views, e.g. MYR will continue to depreciate (against USD) in the long run. Then it makes sense to long US Treasury stuffs.

Prb is if we need to spend in foreign currencies when we go travelling, or having partners or children overseas, etc,... then a weakening USD is detrimental,....

The risk is not the currency depreciation but inflationary value of the currency hence more issuance of TBills by the US govt

ATM with temporary delay of shutdown expect the short terms bills before a better significant value compared to the previous months

Forget about MGS/GII 🤦‍♀️ depreciation in value and inflation erodes its value faster long term

History has shown since late 80s when RM was breakaway and free floated it is being depreciated yearly 🤦‍♀️ and never has gone back to close to the value half the value after free floating 🤦‍♀️

No way MYR can appreciate vs USD. Don't hope.

Never has been since the late 80s when free float has RM appreciate even at 0.1% yearly 🤦‍♀️ a good example comparing it against SGD will tells you a picture that RM has depreciated 350% against SGD for the past 35 years at average of 10% yearly

WSJ ECONOMY | CENTRAL BANKING

Bond Selloff Threatens Hopes for Economy’s Soft Landing
Growth prospects and concern over government debt are driving long-term interest rates higher

https://www.wsj.com/economy/central-banking...share_permalink

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WSJ HEALTH

After Shunning Scientist, University of Pennsylvania Celebrates Her Nobel Prize
School that once demoted Katalin Karikó and cut her pay has made millions of dollars from patenting her work

https://www.wsj.com/health/after-shunning-s...share_permalink

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WSJ FINANCE | INVESTING

‘Frustrating’ Revisions to Jobs Data Slow Wall Street Trading
Some investors back away from making big moves based on key economic report

https://www.wsj.com/finance/investing/frust...share_permalink

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WSJ FINANCE | CURRENCIES | HEARD ON THE STREET

The World’s Dollar Addiction Is Hard to Kick
Though the share of global foreign-exchange reserves in U.S. dollars remains near a 25-year low, there is little sign of rapid de-dollarization

https://www.wsj.com/finance/currencies/the-...share_permalink

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WSJ FINANCE

Homeowners Flock to Last-Resort Insurance Policies
State plans for risky properties often charge high prices for limited coverage

https://www.wsj.com/finance/homeowners-floc...share_permalink

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WSJ BUSINESS | HOSPITALITY | HEARD ON THE STREET

Macau Casinos Get Their Mojo Back
Visitors are finally returning to Macau and pumping up revenue. But certain casino stocks look much better placed to benefit.

https://www.wsj.com/business/hospitality/ma...share_permalink

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WSJ FINANCE | INVESTING | HEARD ON THE STREET

Why 8% Mortgage Rates Aren’t Crazy
With fewer buyers for mortgage bonds, the rates on home loans can go unusually high

https://www.wsj.com/finance/investing/why-8...share_permalink

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WSJ BUSINESS | RETAIL

Clorox Warns of a Sales Mess After Cyberattack
Cleaning giant says quarterly sales will drop at least 23% and it will post a deep loss after intrusion disrupted its business

https://www.wsj.com/business/retail/clorox-...share_permalink

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WSJ PERSONAL FINANCE

The Smallest $1 Billion Powerball Jackpot Ever
Why the cash value on 10-figure lottery prizes isn’t what it used to be

https://www.wsj.com/personal-finance/powerb...share_permalink

This post has been edited by TOS: Oct 5 2023, 07:51 AM