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...
As we all know, food is very important part in our budgeting. We cannot be too stingy on our food, allocating too few, we might end up starving end of the month while over allocation and we might ended up gaining few pounds end of the month - which is not something that we wanted. Anyway, we need to make sure we have sufficient allocation on food, and while for some of us who are renting room near to our working area and do not have the luxury to make our own food, there are some who are able to do so - which is good, as you can spend time doing something useful and at the same time reducing the food cost and finally bring down the monthly food allocation which can in turn make the savings or investment allocation higher. For the next few blog post, I will try to post the details of few of the ways to cut the food bills. The following are the brief summary of how you can cut the food bills whenever you are thinking to save for annual vacation, or just trying to cut the amount y...