Portfolio & Dividend Update : 4th Aug 2024
Wow! Time flies as my last blog post has been almost 6 months. As we reach the midpoint of 2024, the stock market presents a mixed bag of opportunities and challenges. The landscape has evolved significantly since the beginning of the year, reflecting a complex interplay of economic indicators, geopolitical events, and corporate earnings. Investors are navigating a market that is both promising and unpredictable , shaped by ongoing adjustments in monetary policy, fluctuating inflation rates, and shifting global dynamics. The first half of 2024 has seen notable volatility in the stock market. After a strong start, equities have experienced fluctuations due to a variety of factors. The market has been moving like a pendulum swing since early of the year and we have started to see some pullback in the last two weeks due to economic uncertainty. I guess the market is just trying to find an excuse (weaker job data/ PMI / consumer confidence) to have such a correction, which I think ...
