News and my thoughts from the past week (13Oct25) There is a $1.65 trillion wipeout in the market. It is not just about today. There can be some serious supply issues with the new Tariffs. Any margin call yet? China may not return to the table. There have been a million signs that the stock market is disconnected from reality and a nasty crash was coming. You just weren’t looking in the right place. The economy has been crumbling since February, its just no one in the casino wanted to close the tables. - X user Craig Fuller. China just hit back with export controls on 12 rare earth elements and now wants foreign buyers to get licenses too. Beijing controls 70% of rare earth mining, 90% of processing, and 93% of permanent magnet production. It also refines 100% of global samarium. Good luck

Economic Calendar: Key Market Movers (week of 20Oct25) Public Holidays Singapore is closed on 20th Oct 2025 (Monday) as we join our citizens to celebrate Diwali (also known as Deepavali in Singapore). There are no holidays in the coming week for Hong Kong, China and America. Here is wishing all a blessed “Festival of Lights”. Market Outlook and Key Economic Indicators for the Coming Week The following is a summary of key economic data releases anticipated in the coming week, categorised by region and topic. These indicators are likely to introduce volatility and inform policy expectations. Inflation and Monetary Policy Consumer Price Index (CPI): This is projected to be the most closely watched economic indicator of the week, as it serves as a primary reference for US inflation. The outcom

My Investing Muse (13Oct25) Layoffs, Bankruptcy & Closure news Investing - TRUMP: WILL BE MAKING PERMANENT CUTS DUE TO SHUTDOWN “US auto bankruptcies show rising credit pain in low-income households,” per Reuters. 44% of US homeowners and renters are struggling to afford their regular rent or mortgage payments, per Redfin “Gen Z are dipping into their retirements, skipping meals and selling their belongings just to get by,” per FORTUNE CNBC - France’s political chaos throws its soaring debt and deficit into the spotlight This is the largest trucking bankruptcy of the year - 1000 employees out of work at Montgomery Transport. - X user Craig Fuller An insurance executive told me that he expects new trucking and brokerage policies will forbid hiring non-domiciled CDLs. “It’s all over.” -

Earnings Calendar (20Oct25) EARNINGS We are monitoring the upcoming earnings reports for a portfolio of key companies, including Coca-Cola, Netflix, IBM, Intuitive Surgical, Tesla, Procter & Gamble (P&G), General Motors (GM), and Raytheon. Who is Tesla? Tesla’s business centres on accelerating the world’s transition to sustainable energy. The company’s primary business is its Automotive Segment, which generates most of its revenue by designing, manufacturing, and selling electric vehicles (EVs) like the Model 3 and Model Y. Key aspects include a direct-to-consumer sales model, the proprietary Supercharger network, and the development of Full Self-Driving (FSD) software as a future recurring revenue stream. The secondary, but growing, seg

Latest US-China trade conflict (8.20am SGT, 11Oct25) As of 08:20 AM +08 on October 11, 2025, the U.S.-China trade tensions have escalated. President Trump announced a 100% tariff on all Chinese imports and export controls on critical software, effective November 1, 2025, in response to China’s aggressive trade stance, as per an X post by TradingThomas (October 10). This move, triggered by China’s export restrictions, has led to a $1.65 trillion market drop, per WatcherGuru. The Ministry of Commerce (MOFCOM) recently updated its policies, announcing export controls on superhard materials (e.g., artificial diamond micropowder) effective November 8, 2025, citing national security, as reported by Global Times (October 9-10). This may be a retaliatory measure or an independent strategy, though