⚡Still on Uptrend (Oct 2025)

Quick note to bring you up to speed what happened for the past 30 days ### 1. **Why the U.S. Government Shutdown Isn’t Shaking the Markets** The U.S. government is shut down

Kenanga Global Unicorn 2 & Frontier Fund (Q4 2025)

Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital Summary Table: Projected Exit Valuations and Discounts FundAssetBase Case ValuationBear Case Discount / ValuationNotesFrontierKlarna$60-$80/share30% discount to

⚡Aggressive Interest Rate Cuts Cycle Begins in Full-Force

TL;DR (the short, important version) Inflation: CPI headline 2.9%, CPI core 3.1%—both above the Fed’s 2% target. Fed action: They cut rates 0.25% on Sept 17 and signaled two more cuts likely (October & December). Why it matters: Easing monetary

💬 Global Melt-Up

Quick updates below, but before that, I want to draw your attention to this TheStar article about Cash Trusts ('CT') running rampant in Malaysia: TLDR version (not my words, but from the article

Protected: RHB Pre IPO & Special Situation Fund 3 updates [Aug 2025]

The Target Fund reached the end of its Charter Life on 30 November 2023 and has commenced voluntary liquidation. In late 2024, however, one of the liquidators resigned from his role

Kenanga Global Unicorn 2 & Frontier Fund (Q3 2025)

Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital Last Update Here

💬 Another Steady Month for the Markets

Since Trump took office, he has created a lot of noise in the market. But compare that noise today with 3 months ago; it is no longer creating severe volatility. Global

💬 Markets steady despite what’s happening

Past 30 days, major events that transpired: Middle East bombs exchange No US interest rate cut yet (although 2 cuts expected by Dec) US Central bank 'wait & see' stance to see if

💬 Market returns to peace, with some exceptions

A series of seemingly disconnected but inter-related events that could make you feel 'disoriented' if you don't read it one after another, but I am here to help. Economy US & China

Kenanga Global Unicorn 2 & Frontier Fund (Q2 2025)

Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital Key Insights Fund Launch Context Both Frontier and Unicorn 2 were launched to capitalize on a historical

💬 Calling Trump’s ’embarassing’ Trade War Bluff (with logic)

1) What Really Freaked Trump Out, Made Him U-Turned It wasn't the stock market that made him pause the tariffs, but rather the drop in US government bond prices. These bonds are

💬 Predicting Market Movements from Trump’s action

here's how I can summarize for you in 1 minute: ==start=== ⚠️Trump threatens tariffs in 30 days 💣 💪 Mexico, Canada & China (and potentially more countries) responded by saying "We'll retaliate" Global markets Down: 📉 ⏳

💬 Trump + Tariffs + Technology + Inflation 📈

Economy Norway wealth fund CEO says US inflationary pressure a risk to markets in 2025 Japan inflation jumps to 3%, giving support to rate-hike case Singapore central bank eases monetary policy, first time

Kenanga Global Unicorn 2 & Frontier Fund (Q1 2025)

Summary update from iFast, on behalf of Kenanga & the private equity fund manager, Ericsenz Capital KGU 2 Highlights 📈 NAV Decline: Fund’s NAV decreased to $6.2 million, primarily due to market fluctuations. 🌍 US Economic Strength: US

💬 2025 Jan – Economic Outlook and Market Reactions 📈

Inflation trend The U.S. Consumer Price Index CPI year-on-year increase was 2.9 percent in December 2024, a slight increase from November. It has been stagnating at levels slightly higher than the central