Key Takeaways Renewed US-Iran tensions pushed Brent crude briefly above US$80 , reigniting concerns over global energy supplies. Despite geopolitical uncertainty, Wall Street avoided a sharp sell-off , suggesting investors believe the conflict remains manageable for now. Higher oil prices have revived expectations of a Federal Reserve rate hike , as markets worry about renewed inflation. Technology stocks remained relatively resilient , showing that AI continues to provide underlying support for equities. The next move in oil prices could determine whether market volatility returns. Market Insight When news broke that the US had launched fresh strikes on Iran , investors immediately rushed into the oil market. Brent crude briefly climbed above US$80 a barrel , as fears grew that escalating tensions could disrupt supplies through the Strait of Hormuz , one of the world's busiest energy shipping routes. Yet the reaction in equities was far more measured. Although the S...
There are a lot of people who buy without putting much thoughts. However, this buy, buy, buy mentality could be dangerous and bad for our society as well as the environment. This is because we are a very consumer driven generation. However, if you could stop for a minute and think as well as ponder, your wallet and Mother Nature will be very grateful. REDUCE Give yourself some time to think and ask if you can use less than what you are using. Sometimes, it is possible to make do with less of what we are using. For example, toiletries are the perfect example. If you do not waste shampoo or detergent, you will help to save a lot. This is all day-t0-day products that could make a huge difference. Another good example would be the mobile phones. How many of us are changing phones every year? There are a lot of us who change mobile phones every now and then as we chase after the latest model. If we could save money from all these products, we will be saving a lot more. Besides, it also cont...