Hi ,

I thought to share a quick market update with you.

Recently, Asian markets hit new highs, supported by two key factors:

First, optimism around AI remains strong.

Many Asian companies are benefiting from the global AI buildout, especially in semiconductors, technology hardware, industrials and related supply chains.

Second, hopes of easing tensions in Iran have reduced fears of a larger oil shock. When geopolitical fear reduces, markets can recover quickly as investors become more willing to take risks again.

This is positive for market sentiment.

At the same time, I am also watching another longer-term issue;

— U.S. government debt, which is approaching the US$40 trillion headline level.

This matters because if investors demand higher interest to continue lending to the U.S., it can affect bond prices, equity valuations, currencies and global portfolios.

So while markets are currently showing strength, I do not think investors should rely on only one market theme or one outcome.

This is why your portfolio is not built simply to chase the strongest-performing area of the market.

The aim is to participate in long-term growth opportunities while also keeping diversification across different asset classes, income sources and risk exposures.

In the current environment, I continue to monitor:

• AI-driven growth opportunities
• Interest-rate and bond-market risks
• Oil and inflation risks
• Geopolitical developments

Whether the portfolio remains balanced for both upside and downside scenarios

Overall, the recent rally is encouraging.

But the discipline remains the same — stay invested, stay diversified, and ensure the portfolio is structured for more than one market outcome.

I will continue to monitor the situation and make adjustments where needed.

Warm regards,

Zest

Executive Wealth Consultant | Associate Estate Planning Practitioner |

Licensed General Insurance Advisory

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