amarsingh1234 @amarsingh1234: "It's been a difficult few..."

Singapore

It's been a difficult few months for the stock markets and 10 US treasuries crossed 5%. The bright side is that we got some opportunities to buy stocks such as $MPW (Medical Properties Trust Inc) $ZIM (ZIM Shipping Services Ltd) $823.HK (Link REIT) . $823.HK is giving a tax-free dividend of 7% They are all trading at multi-year lows. Another we might add to is $ILMN (Illumina) if it goes below $100. Not sure how the final 2 months of the year will be but if the 10Y goes down, stocks should rise. Generally the sentiment seems to be no more hikes with many central banks around the world already pausing their hikes. The other interesting nugget is that it seems that the 3rd year of a presidential cycle seems to be a good year for stocks so next year should be decent. It is also possible that the rates are reduced to boost the economy in an election year. We still have some cash that we can deploy if however the market goes down further. Here is a video about a big holding of ours $ISRG (Intuitive Surgical Inc) and its recent earnings. It looks like it is doing decently like it does every quarter. The trend towards robotic or even AI surgery will not go away and this should be a tailwind for ISRG for years to come. It is still pricey so we likely wont add to it anytime soon. youtu.be/33XpK2KF1xw?feature=shared