I expect Walsh will signal rate cuts while becoming less transparent in its actions and holding fewer regular media briefings. This should lead to lower market volatility.

For S-REITs, I do not foresee any major impact. They are already trading at deep discounts; even in a worst case, a decline of roughly 10% would be the limit. There is a solid margin of safety to protect investors.

With yields above 5%, most blue chip s-REITs, they look very attractive. It is better than Singapore T-bills, government bonds or fixed deposits. REITs underlying assets are tangible and will not vanish overnight.☺️

LongPort - Hotspot
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☕️ [Task Coins Giveaway] Daily Market Talk — Chips Rout, SpaceX Tops Amazon

Micron sinks 6% and Marvell tumbles 10% as last week's storage rally unwinds, SpaceX passes Amazon to become the world's 5th-largest company, and Warsh chairs his first Fed meeting tonight.

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