Group 1 - The core viewpoint emphasizes that investors should avoid blindly chasing high prices above 3700 points and should not use leverage for such operations [1] - Investors are advised to stay away from poorly rated stocks and to focus on quality investments, particularly during market downturns [2] - The recommendation includes starting with funds for those unfamiliar with stock investments, and gradually moving to quality stocks once confidence is built [2] Group 2 - The analyst suggests that investors should initially "embrace 985," which refers to investing in high-quality blue-chip stocks or core assets, before expanding to other quality investment targets [2]

Core Viewpoint - The article discusses various assets that can preserve value during inflation, highlighting gold, real estate, quality stocks, inflation-protected bonds, and commodities as potential investment options [2][3][4]. Group 1: Gold - Gold is recognized for its scarcity and stability, making it a favored asset during inflation [2]. - Its value remains relatively stable regardless of economic fluctuations, leading to increased demand and rising prices during inflationary periods [2]. Group 2: Real Estate - Real estate is considered a valuable asset due to the scarcity of land and ongoing urbanization, which maintains demand [2]. - Inflation increases construction costs, supporting property prices, and real estate can provide stable cash flow through rentals [2]. - However, the real estate market is influenced by policy regulations and supply-demand dynamics, leading to varied performance across regions [2]. Group 3: Quality Stocks - High-quality stocks from stable companies can effectively transfer cost pressures from inflation to consumers, particularly in essential sectors like consumer goods and pharmaceuticals [3]. - These companies can maintain profit growth by raising product prices, which can lead to an increase in stock prices [3]. - Investing in stocks requires professional knowledge and a strong risk tolerance due to market volatility [3]. Group 4: Inflation-Protected Bonds - Inflation-protected bonds adjust their principal and interest based on inflation rates, providing a safeguard against purchasing power erosion [3]. - Compared to regular bonds, these bonds offer clear advantages in an inflationary environment, although their returns may be relatively fixed and lower [3]. Group 5: Commodities - Commodities such as oil, natural gas, and agricultural products are positively correlated with inflation, as rising production costs lead to increased prices [3]. - The demand for these essential goods remains stable, but the commodity market is subject to significant price fluctuations due to geopolitical factors and supply-demand changes [3]. Group 6: Overall Investment Strategy - There is no single asset that guarantees preservation of value during inflation; each asset class has its own characteristics and risks [4]. - Investors should consider their individual circumstances when allocating investments among these various asset types [4].

Core Viewpoint - The report from OCBC highlights that despite escalating conflicts between Israel and Iran raising investor concerns, the overall market reaction remains measured without panic [1]. Market Reaction - The conflict marks the first large-scale public engagement between Israel and Iran, leading to worries about potential regional war [1]. - On the last Friday, gold prices increased by 1.5%, while the S&P 500 index saw a slight decline of 1%, indicating a moderate overall drop in the market [1]. Oil Price Concerns - A significant concern for the market is the potential impact of the conflict on oil prices, with oil prices rising sharply last Friday [1]. - There are fears that Iran may target the Strait of Hormuz, a crucial oil passage, with an Iranian commander stating that Tehran is evaluating the possibility of closing the strait [1]. - The Strait of Hormuz is vital, with approximately 20 million barrels of crude oil and petroleum products passing through daily, accounting for about 20% of global oil transport [1]. Analyst Skepticism - Analysts express skepticism regarding Iran's likelihood of closing the Strait of Hormuz, noting that China, which accounts for three-quarters of Iran's oil exports, may oppose such actions [2]. - Iran has previously made similar threats in 2011, 2012, and 2018 but has never followed through [2]. - While Iran may resort to attacking tankers or laying mines in the strait, there are concerns that such actions could provoke a strong response from the U.S. military stationed in Bahrain [2]. Market Outlook - If the conflict does not severely disrupt global oil supplies, market panic may gradually ease [3]. - OCBC advises investors to maintain a long-term perspective during market volatility and to consider increasing allocations in quality stocks and Asian investment-grade bonds to navigate uncertainty and seize potential buying opportunities [3].