December should be right with minor adjustment while the January numbers seems to be overcompensated for it 🤦‍♀️

Look at the wage growth itself because it is falling YoY which is why the markets is only priced in today hence it will be falling week this week
Not really flying because the recent reported laid offs haven’t been factored or priced in yet 🤦‍♀️

high chance of default bro

If Treasuries then its fine.

As long as it is not corporate bonds

If investment grade should be low enough the risks but govt back treasuries is preferred

Thats why u hold it for short term to sit through the recession.

Then buy your reits n divvy stocks cheap.

Wait for next week when Fed announcement as I am sure they will reveal as well their latest bank sheet whether it is going up again 🤦‍♀️

Market was red. Still not enough?

Wait for your losses next week 🤦‍♀️
The safe play for it is to buy SMH under 130
Yeah get your shopping list ready for next week 👏

Once again, buy-and-hold works the best.  

In another news, US T-bills maturing in early June yields 7% p.a.

https://www.wsj.com/market-data/bonds/treasuries

If amount is large, IBKR looks like one option (the 5 USD fee can easily be swamped by the much larger returns if amount is big enough). Your SG friends have active discussions on this: https://forums.hardwarezone.com.sg/threads/...6813629/page-14

(Can read from page 1 onwards, 14 pages in total.)

What we know is TD Ameritrade SG can't allow you to buy US T-bills at the moment. I emailed them before and got the same answer.

TIGR and Futu SG/Moomoo do not offer bond trading service.

No pricing details available on their webpages either:

https://www.tigerbrokers.com.sg/commissions/fees

https://www.moomoo.com/sg/broker-about/pricing

You may buy US T-bill ETF though.

Bad mouth Powell speech tonight. 

I only know the market will be red. He doesn't have many good things to say. Hopefully this time different.

Powell just said they're NOT done raising rates yet (aka still very hawkish), still want to target 2% inflation. 

Their preferred inflation rate is actually "Core" not the Headlines. this is going to be tough because US labor market is still tight although some softening has appear but consumer spending still quite strong.

I think we'll be in at this level for the next 12-18 months, probably 2~3 more 25bps hike..  we'll gonna see 6%-6.25% Fed fund rate for sure if that happens.

Regarding currency... USD rises against CAD but the mighty Mexico "Pesos" is very strong!

On Ringgit vs SGD (or rest of the world).. wtf is wrong with Ringgit... even new govt also no confidence?

Just use interactive broker. Yes can transfer. I think called ACAT transfer. Takes time though.

Based off some Singaporean guy. Not sure if it's true. Another rumour I heard is Charles Schwab got no license to operate in Singapore.
"Just called and spoke to one of the customer service officers.

He mentioned this accredited investor requirement is imposed on them by MAS and they are unable to transfer our account to TD Ameritrade US as it's not allowed by MAS.

He also mentioned that they will be one of the first few to inform us and other US brokerages will be restricted by this MAS regulation as well 😢"
First trade under US jurisdiction. Won't be affected if it's MAS directive.

If it is really MAS rules and not broker specific, I don't know what are they playing at. Is like they are trying to make normal Singaporeans unable to invest overseas and "force them to invest local or use local brokerage". Just speculation.
You can consider tastytrade too. IBKR only charges you. USD0.35/transaction and USD2.00 per currency conversion.

thanks for the response.

25K USD is not a big deal for a serious long-term retail investor.

Now new news. CS got no license to operate in Singapore for retail investor. Only AI license. Since no license and since they bought TDA, means TDA now also does not have license to operate for retail investor in Singapore.
I stand by what I said. No brokerage can beat IB. No tax on bonds.
I don't have any experience with other brokerage except Maybank ke, DBS Vickers, FSM, moomoo, tiger. In terms of cost and market access IB still win.

Bro AI thing is only sg govt rule. It affect brokerage in Singapore. As long as your brokerage is under MAS (LLC and not .com.sg) you won't be subjected to MAS rules on AI.

That's why I don't know what is MAS trying to do with TDA. Is it TDA fault or is it MAS fault. No one knows.

For me, my IB is under UK govt jurisdiction and I am happy with it. It's not open via .com.sg

Also I don't think unlike Malaysia and Singapore where you need to have priority banking firepower to buy bonds.

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.