A New US President, What’s Next?

Since Biden was elected, the S&P 500 has traded up 14%. That's the best performance between Election Day and Inauguration Day in history. With a new US president in the White house, what is next for the markets?

It’s Hard to Measure Management Quality (Revisited)

I have written on this topic sometime last year. https://themosspiglets.com/2019/06/19/the-importance-of-assessing-management-quality/ Last week, we received news about a corruption case involving a former LTA staff and directors from several construction firms. https://www.businesstimes.com.sg/companies-markets/former-lta-deputy-group-director-charged-with-corruption I was surprised at this news especially with the people involved. Mr Henry Foo was once touted as one of the more promising LTA … Continue reading It’s Hard to Measure Management Quality (Revisited)