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My Investment Portfolio – SG (End Dec 2023)
By My Investment Machine  •  December 30, 2023
Transactions:
  • Added 150 units of Mapletree Log Trust via scrip dividends at $1.437
My portfolio no longer hover between red and green. It is now green due to the recent rally by stocks and mainly Reits. The market has, as usual, been very forward looking. Take a look at the CME Fedwatch Tool on the interest rates probabilities below. The market has rose, especially Reits, pricing in expected interest rates cut in 2024. In fact, the market is pricing in interest rate cut of 0.25 on 20 March 2024 and an interest rate of 3.75 to 400 by end 2024. It is important to note that these are probabilities based on today's environment. The context can and will change with each passing days, whether the Fed achieve a soft landing is also another question. I cannot predict the future, I can only try to understand why the market has rose recently, as explained above. At the same time, understand what impacts the interest...
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By My Investment Machine
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