To The Moon

The latest nonfarm payroll report, released last Friday ahead of the Federal Reserve’s September meeting, mirrored the prior month’s disappointing data, significantly missing market expectations and accompanied by downward revisions of previous figures. This reinforced market anticipation that the Fed would begin cutting rates in September, with CME and Bloomberg markets pricing in three 25bps rate cuts this year. Historically, the Fed has refrained from easing because of a robust U.S. economy, implying no urgent need for rate adjustments. However, the sharp downward revision in nonfarm employment raises the probability of rate cuts while simultaneously reviving fears of an economic recession in the U.S. that had been looming for two years. This dual effect led to a bifurcated market respo

1. $Morgan Stanley(MS)$ 's Blue Book:SGX Stock Market Cap could Double by 2030“ $Morgan Stanley(MS)$ anticipates it will become a hub for data and artificial intelligence (AI) reasoning in the future. Currently, hub industries contribute approximately 63% of Singapore's GDP.“Singapore EconomyMorgan Stanley’s "Singapore Blue Book." explores how Singapore has aligned with global trends over the past 60 years, achieving remarkable economic success. The book highlights Singapore's wealth creation potential and predicts a significant increase in its return on equity (RoE), potentially leading to a doubling of its stock market capitalization by 2030.The core message of the Blue Book is that Singapore is poised for