All Posts

The Implications of the Japanese Bond Markets

Japan's Bond yields are at record highs amid investor concerns over Prime Minister Sanae Takaichi's expansionary fiscal policy. The bond market is very telling, so here's what it means for the global economy. The Background The Japanese bond market is the second biggest bond market in the world, amounting to over $7 trillion in debt. More importantly, Japanese investors are the largest foreign holders of US Treasuries, with holdings of around $1.2 trillion. Consequently, this

Raihan Noor

Jan 234 min read

Southeast Asia Equities: A Region on the Rise

While U.S. indices continue to trade at record-high multiples, investors seeking superior growth and compelling valuations are increasingly turning eastward. Southeast Asia, home to over 690 million people and some of the world's fastest-growing economies, presents a compelling case for portfolio allocation. Vietnam's benchmark VN-Index surged more than 30% in 2025, making it Asia's best-performing market. Meanwhile, Singapore's STI hit all-time highs, and the Philippines tra

Raihan Noor

Dec 18, 20258 min read

Novo Nordisk A/S Trading at a Discount? An Analysis

Despite rebounding 5% over the past week from the loss of the Metsera takeover, Novo Nordisk A/S (NYSE: NVO) is still at 52-week lows. Is this price justified? Or is NVO trading at a significant discount due to near-term headwinds despite its GLP-1 dominance? Company Overview Novo Nordisk is a pharmaceutical company that's engaged in diabetes care. The compnay has two business segments: diabetes and obesity care, and biopharmaceuticals. They're probably best known for their d

Raihan Noor

Nov 12, 20254 min read

A Quick Analysis of the UK Markets

Compared to its western peers, the UK equity market seems stagnant. UK firms are fleeing to the US, valuations are at historic discounts, and pension funds have abandoned UK equities. The market is structurally broken but potentially undervalued. Despite the FTSE 100 being at all-time highs, there's no doubt the UK equities market has been lagging behind. The metrics below that the UK stock market is trading at unprecedented discounts to both the US and Europe. Metric UK (FT

Raihan Noor

Oct 30, 20253 min read

Sector Analysis: The Space Economy - The Final Frontier for Investors?

Major players' share prices in the Space sector have rocketed this past year. Companies like AST SpaceMobile, Rocket Lab, and BlackSky are up over 125% year to date. It's clear that the visions of satellite constellations, planetary imaging and interplanetary infrastructure are catching investors' attention. But behind stratospheric gains lies a volatile mix of execution risk, breakthrough tech and speculative capital. What is the Space Economy? In sum, the space economy cove

Raihan Noor

Oct 19, 20258 min read

2025 Silver Surge: A Quick Analysis

Gold isn't the only commodity that's rallying this year; its younger brother, Silver, is up 75% Year to Date. So what does this really mean, and is it an alternative to gold? At a Glance Silver has surged this past year, reaching its all-time highs for the first time in over a decade. Currently, trading at $51.96/oz, silver is up 75% YTD, compared to gold's 56% return YTD. The drive in price of the "poor man's gold" has interesting implications, as it is driven by both invest

Raihan Noor

Oct 18, 20253 min read