Dear Moo-ers,
We’re now officially in the final quarter of 2024.
What a year it has been so far, and with recent developments in the world’s two largest economies, it is shaping up to be an nail-biting finale to the year.
In the US, we are less than 30 days away from the presidential elections and with the race still too tight to call, markets could be in for a ride. Meanwhile, China, all eyes are on a scheduled briefing by Finance Minister Lan ...

Last week, the U.S. ADP report and non-farm payroll data for August were released, indicating a slowdown in the labor market.
– Private employment: 99k (Actual), 145k (Expected);
– Non farm payrolls: 142k (Actual), 165k (Expected);
– Unemployment rate: 4.2% (2024/8) , 3.7% (2023/8).
Investor concerns about a potential recession in the U.S. have intensified, leading to a collective decline in the three major U.S. stock...

I don’t shop online as much as I used to in my youth. At that time, e-commerce was not that developed in Singapore but Amazon was already a name to be reckoned with in the US with locals starting threads to share deals during its sales and package forwarding service was fast taking off to feed the burgeoning consumer demand for shopping overseas. I would scour ebay and Amazon for items to add to my collection. I was intimately familiar with the airmail rates for USPS.
Now I’m past...