GYC Insights
An extensive library of financial articles rooted in research and data-science, written with the experience of decades in the industry.
New Era for Rates?
Stocks and bonds are moving differently than they have for years. What’s driving the shift, and what does it mean for diversification?
Small Nation, Global Portfolio
Singapore has spent six decades building resilience by diversifying its trading partners, industries and sources of growth. Could the same thinking apply to your portfolio?
Sleepy Summer Months
What if summer markets aren't weaker, just thinner? When fewer people are trading, even ordinary news can move prices more than you’d expect.
Bubble, Trouble, or Neither?
AI is delivering real growth. But with so much of the market riding on it, how much is too much?
A Starting Point, Not The Finish Line
The numbers may be simple, but your financial life isn't. Here's why the right starting point still needs to become a plan built around you.
No Margin for Error
A hedge fund grew from US$225 million to US$45 billion in months, only to lose 67% in under a month. A stark reminder of what can happen when leverage and concentration leave little room for error.
Mind the Currency Gap
The Singapore dollar has quietly been one of the world's strongest-performing major currencies for decades. What if that has a bigger impact on your long-term investment returns than you realise?
Possession Is Nine-tenths of the Portfolio
Argentina had everything a champion should need. But in the final, relying on one brilliant star wasn't enough. The same may be true of investing.
The Strait and Narrow
Markets have recovered from the shock. The headlines haven't. As conflict returns to the Middle East, the temptation to react is back too.
The Investment Lesson Behind Air Conditioning
Air conditioning changed the world. So did the steam engine, the internet and now artificial intelligence. Yet history suggests that investing in transformative technologies is rarely as straightforward as recognising their potential.
Preparing for Seasonal Weakness
Markets may be entering their historically weakest period of the year. Here's why that doesn't necessarily spell trouble for long-term investors.
When Forecasts Change
Six months was all it took for the market consensus to reverse. If even the experts can't consistently predict the future, what should investors base their decisions on?
You’ve Built Wealth. But Can You Retire?
Having wealth does not always mean being ready for retirement. As more Singaporeans expect to work beyond retirement, a growing number are discovering that the problem is not always a lack of wealth, but where that wealth sits.
Excitement, Meet Reality
The market’s most exciting trades have driven much of this year’s gains. History suggests that should make investors more cautious, not less.
Good Buy or Goodbye, IPO
To Buy SpaceX or Not?
If you dig through history, most IPOs underperform the market in their first few years, and the worst outcomes happen during IPO waves. Excitement is not an investment thesis.
The STI Just Hit 5,000. Don't Let That Fool You.
Do you remember?
The last time the STI peaked, in October 2007, it took 17 years to break back above that level. If much of your wealth is in Singapore, it is time to reconsider.
New Fed, Any Change?
What happens as Kevin Warsh is the new Fed chair?
While headlines suggest that interest rates in Singapore would likely be affected, the impact is much smaller than they suggest. With US inflation numbers coming in, rates may likely rise instead of fall.
CPF: A Retirement Start Point
Is CPF enough to retire well?
When you crunch the numbers, CPF payouts are simply able to only keep you alive at the bare minimum. We explore some ways Singaporeans approach this problem and identify a reliable one.