GYC Insights

An extensive library of financial articles rooted in research and data-science, written with the experience of decades in the industry.

Carl Chay Carl Chay

Trump’s Bull Market

Surveys show that simple, consumer, and investor sentiment are all down. There seems to be pessimistic reports all around, from Yahoo finance to Reuters. The data begs to differ.

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Carl Chay Carl Chay

The Distance

Studies show that every single year, there will be a point in time where stock returns are negative, even that year ends up positive — which happens 76% of the time

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Carl Chay Carl Chay

What to Do if We Are in a Bubble

Every era had its bubble — AI & Tech might be today’s version. But we will never know for sure until it bursts. The important question to ask yourself is this: Which regret is worse — missing out on gains or suffering big losses?

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Bruce Tan Bruce Tan

Markets Are Up, but Most Stocks Down

World stocks outside of the U.S. are up +26.98% this year. The S&P 500 Index, +18.36%. But far more stocks declined in value than increased, 398 vs. 103 respectively. What does this mean moving forward?

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Carl Chay Carl Chay

Slow and Steady Beats Fast and Failing

Ironically, in F1, sometimes you don’t have to be the fastest to win. In the 2011 Canadian Grand Prix, often hailed as one of the most chaotic and dramatic races in F1 history. Jenson Button and his team showed that by playing the long game well you can secure victory — and that’s how it is in investing as well.

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Carl Chay Carl Chay

Year-End To Do’s

Is everything in order for 2025? Here’s a quick guide of things to look out for before the year end.

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Carl Chay Carl Chay

What You Do After You Win Matters

Here’s the truth we’ve learned: getting rich can be due to luck; staying rich is discipline. The real proof of wealth isn’t the photos you post on social media — it’s what you don’t do after you win.

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Carl Chay Carl Chay

Great for Humanity, Grim for Shareholders

World‑changing does not equate wealth‑creating for equity holders. The excitement around AI is undeniable but valuation metrics show that the Tech sector has a risk of being over-valued due to high expectations.

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Carl Chay Carl Chay

Is AI Coming For Your Job, Or Making it Easier

AI investing is actually not new and has historically underperformed. Research shows that AI models tend to amplify human biases, these include confirmation, anchoring, and recency biases — all well researched behavioural finance issues that negatively impact an investor’s decision-making clarity.

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Carl Chay Carl Chay

There is no ‘I’ in ‘Meme’, but there may be ‘AI’

Meme trading is back, but this time, it’s not just from online forum hype. Some data suggests that AI trading models might be partly to blame as they scan the internet and aggregate social media chatter for spikes in specific stock mentions to decide what stocks to punt on.

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Investing Jogoh Investing Jogoh

Bubble Trouble

News about a stock market bubble has investors worried about a crash. Singapore property, crypto (bitcoin), and the recent popularity of the private asset market, specifically Payment-in-Kind (PIK) financing, could all be possible bubbles — but could they also continue their march upwards?

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Carl Chay Carl Chay

Time To Get In?

Historical market trends and interest rate-cut cycles put us in a good position for market growth for the rest of 2025. Inflation is currently benign, and the market risk has been starting to look up since May.

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