I felt it would be good to track the returns regularly since they fluctuate frequently depending on the stock market.
Here are the movements for this month. There is an upward tick across most of my portfolios. Only Crypto has gone down a bit.
For the Robo-Advisors, also an upward trend across all my portfolios. It's interesting how correlated/aligned the Stashaway General Investing and Endowus General Wealth Acc funds are. After tracking Syfe Reit+ since Jan 2024, it has finally turned positive. It was a long wait. Hope it never sees negative returns ever again.
Additionally, I think it will be interesting to see the breakdown of my portfolios in percentages (below).
Market trends from the last 30 days:
- The U.S. Federal Reserve implemented a 25 basis point rate cut, its first since 2024, prompting expectations of two more potential cuts by year-end.
- Strong earnings momentum, especially in the technology sector, has helped push indices like the S&P 500, Dow Jones, and Nasdaq to all-time highs.
- International and emerging markets generally followed the upward trend, with robust performances seen in countries like Brazil, China, and Korea, while European markets were more mixed.
- Traditionally, September is a challenging month—often referred to as the “September Effect”—with heightened volatility due to corporate profit-taking, fiscal policy deadlines, and investor caution ahead of quarterly earnings and government budget discussions.
- Despite these seasonal pressures, the recent Fed rate cut and positive economic data have helped offset negative sentiment, keeping markets buoyant.
- Major U.S. indexes (S&P 500, Nasdaq, Dow) saw notable gains, with the S&P 500 up more than 1% and the Nasdaq over 2% higher in the past week alone, marking several consecutive weeks of market strength.
- Small-cap and value stocks outperformed large caps during August and September but still remain generally undervalued relative to history.
- Key market sectors driving growth included technology, communication services, and consumer discretionary, while real estate and consumer staples lagged.
- Rate cuts and muted inflation expectations contributed to a dip in U.S. Treasury yields, supporting a favorable investment outlook for equities.
- SGX launched two new indices, iEdge Singapore Next 50 and a liquidity-weighted version, to track the next 50 largest mainboard companies after the STI.
- These indices aim to boost investor interest and market liquidity by tracking companies with a minimum $100,000 median daily traded value and $100 million market cap.
- Analysts believe new indices could foster new investment products, improve investor interest, and increase liquidity, potentially catalysing funding and IPO momentum.
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