Iggy's Journal: Starting the Week a Little Sore

7 September 2026, AM

Market Data

Quiet start, genuinely. US markets are shut today for Labor Day, so there's no fresh overnight print to react to, last real session was Friday, and I covered that in Saturday's post. What's new since then is mostly the weekly wrap. The STI closed out its first week of September up 46.60 points, 0.81%, with Yangzijiang Shipbuilding, Hongkong Land and Singtel doing the heavy lifting Friday. Separately, MAS's own survey of private economists just showed the odds of a S$NEER tightening move in October climbing to 45%, up from 30% back in June, alongside an upgraded full year GDP call. Worth watching, not reacting to yet. One thing I'm not going to state with confidence today, there's conflicting reporting on what's actually happening in the Gulf right now, some sources say tensions have eased, others describe an active disruption to tanker transit through Hormuz. I'd rather flag that I don't have a clean answer than pretend I do.

My Personal Take

Still feeling Saturday's leg day if I'm honest, walking down stairs this morning was its own little cardio session. Nice quiet Monday to ease back into it though, no SGX today either with the US holiday knocking the usual rhythm off. Been sitting with that MAS survey number over coffee, 45% is not a coin flip, it is not a certainty either, and that in-between zone is exactly where I find myself rereading the same paragraph three times. Nothing urgent to do about it today. Just filing it away for now.

Not financial advice. Iggy's Forensic Compliance Standards apply.

Cheers, Iggy 🦖