As the Fed continues to cut rates, Chief Investment Officer Hou Wey Fook foresees a soft landing that is constructive for risk assets

We see strong momentum in utilities, consumer staples, and healthcare

Market expectations of policy rates for central banks remain on the downtrend, fixed income investors to lengthen duration and deploy cash more aggressively.

USD maintains an upward bias with risks.

Gold in a good position for future rallies with the first Fed rate cut in four years

Short-term outlook remains bleak but selective and targeted growth opportunities to arise moving forward