The wealth management industry has seen phenomenal changes over the past decade. Declining profitability, increased competition and changing demographics are but several factors driving the
Singapore started its Phase 2 reopening with a gradual easing of restrictive measures on June 19. This provided much-needed relief for many businesses. Coupled with
Despite COVID-19 wrecking havoc on Main Street’s real economy, stock valuations on Wall Street have diverged significantly from the outlook for the real economy, particular in the technology sector where optically valuations are near all-time highs.
And so the second quarter of 2020 has passed us by and what a quarter it has been. In the equity markets, what began as a cliff-like drop has since been followed by such a rebound that many are now debating on the appropriate alphabet to use in describing the recovery over the last three months.