29 Sep 2023 FM 96.3 radio sharing: Eric's Market insights and updates

My english translation for today radio sharing on FM 96.3 on my views and insights on the markets: 🙂

Hi Everyone, I m Eric Oh, Financial Services Manager from Phillip Securities.

In this radio sharing, let’s talk about the US market first. The potential federal government shut down that may occur next week may cause the credit rating agencies to downgrade US credit grade. This potential downgrade underscores the weakness of US institutional and governance strength.

Another important release on 26 September showed the drop in US consumer confidence to 103 in September from 108.7 in August. This measure reflects how consumers view the overall economy, business conditions, and labour market presently and over the next six months which could be due to persistent worries on higher prices and rising fears of recession.

As a result, this may lead to potential increased volatility in the market. Another area is the US high oil price WTI which has surged more than 30% since end June from $70 which could cause the Fed to maintain the higher interest rate for longer stance. Hence the above factors may have reduced the risk appetite of many investors.

As such amid the increased volatility seen in current market conditions, one should adopt a long-term perspective when investing to avoid ditching their current investment plan when volatility increases.

If you have any enquiries or wish to seek professional advice with regards to stock market and investment, kindly contact me at my Facebook Ericwealthadvisory or mobile 90685256. Thank you and wishing everyone a joyous Mid-autumn festival.

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Successful Webinar sharing: Online Financial Scams How can you protect your WealthBeing?

As part of our community effort to help raise awareness of online financial scams and preventing one from being a victim, I am honoured to be invited as one of the panellists for sharing my industry experiences and knowledge to minimise the risk of being scammed. 

I am also thankful for having 2 other well-known industry practitioners as our panellists namely: Senior Financial Services Manager: Margaret Chua and Investment specialist: Dan Chang to also share their valuable experiences and tips too. 

Lastly not to forget, I am thankful for the management support and marketing team, namely Lini, Rebecca and Justin for making this event a success.

Key sharing involved in our webinar sharing:

1. Understanding the latest financial scam trends and vulnerable targets 

2. Scam preventative measures and case studies

3. Reporting procedures and steps for recovery

 To know more on how to best protect yourself from being a victim of financial scams, kindly connect @ https://bit.ly/TTPericoh

For my previous post: 

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If you find value and benefitted from my sharing, pls like, subscribe and follow my social media sites too.

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Online Financial Scams: How can you protect your Wealthbeing?

 

Sign up now at https://tinyurl.com/amaaug23-eric 

 

With reports on victims who lose their life savings to scams on the rise, it's crucial to be vigilant about how not to fall prey to such scams online.

 

Join us on the latest episode of our "Ask Me Anything" Webinar series on 23 Aug, Wed, at 8pm.

 

Our team of Financial Specialists - Margaret, Eric and Dan will delve into the world of online financial scams, and equip you with the knowledge and tools to safeguard your hard-earned money!

 

In this live Q&A webinar, we’ll focus on:

1) Understanding the latest financial scam trends and vulnerable targets

2) Scam preventative measures and case studies

3) Reporting procedures and steps for recovery 

 

Don't miss this opportunity to have all your burning questions answered by our experts!

For more info, visit  https://bit.ly/TTPericoh or email to ohlh@phillip.com.sg

For my previous post: https://lnkd.in/gDajmWs2

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