I felt it would be good to track the returns of my portfolios regularly since they fluctuate frequently depending on the stock market.
Here are the movements for this month. The biggest drop is in my crypto portfolio. As the saying goes, "what goes up must come down".
For the Robo-Advisors, a downward move across all my portfolios. This is the 4th positive month for Syfe Reit+ after a long wait.
Additionally, I think it will be interesting to see the breakdown of my portfolios in percentages (below).
Market trends from the last 30 days:
- Gaza war was declared over, and surprisingly I think the general consensus is that it is still over.
- Increasing talks of an AI bubble, which caused the stock market to pull back. This is even after Nvidia announced blockbuster earnings and 5-year backlogs.
- The defining feature of the last 30 days has been a retreat from all-time highs and a notable sell-off in the technology sector, particularly in the mega-cap AI-related stocks
- Rate Cut Hopes vs. Reality: Market sentiment remains highly sensitive to the Federal Reserve's path.
Hopes for a December rate cut have fluctuated significantly. Dovish comments from Fed officials (like New York Fed President Williams) in the last few days of the period helped spark a sharp rebound, but the general technical environment remains cautious. - The Singapore government, through the Ministry of Trade and Industry (MTI), recently announced a significant upward adjustment to its Gross Domestic Product (GDP) growth forecast for the current year, 2025, from 1.5-2.5% to 4.0%.
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