Tan Chee Yeng

Current CEO/Co-founder of Clicks®, a proptech startup. Former Head of Digital Banking in Citi Singapore’s Offshore Arm. Highly interested in Tech.

[Tan Chee Yeng @cheeyengtan]

@Riley_Gaines_ I fully agree with you! Being a mom is a full time job and is a very tough one. It is not at all easy to be one and let alone, striving to be a good mom. Keep it up!

[Tan Chee Yeng @cheeyengtan]

I’ve never met you but I’ve been greatly influenced by you. You were younger yet wiser than I am. Sad day… may you rest in peace @charliekirk11 . You might have left us but your vision, spirit and legacy will stay with us. Today is a turning point indeed.

[Donald J. Trump @realDonaldTrump]

TO MY GREAT FELLOW AMERICANS…

[Tan Chee Yeng @cheeyengtan]

@DataStax #googlenext25

[Tan Chee Yeng @cheeyengtan]

Debt ceiling situation in the US explained. #June1st #PotentialRecession

https://t.co/tdsvICZsnX

[Tan Chee Yeng @cheeyengtan]

#Fed is expected to hike rates again in few hours’ time. The markets are almost in unison for a 0.25% hike. But looks like a pause is coming soon, unless recession is what it is intending to achieve. #ratehike #2023recession #toughyearahead https://t.co/27iNnpSYkB

[Tan Chee Yeng @cheeyengtan]

New term #greedflation, sounds about true. While inflation is raging, US corporates are reeling in huge profits. https://t.co/eiy4exmVzs

[Tan Chee Yeng @cheeyengtan]

#DeustcheBank became the next on the hit list after #CreditSuisse. Worrying times now as it seems like the start of #2023DominoEffect. https://t.co/NQm6kTRIVX

[Tan Chee Yeng @cheeyengtan]

#Powell announced that #Fed projected rate is at 5.1%(2023), 4.3%(2024) & 3.1%(2025), assuming no major events & economy “behaves” as projected. This is expected since we had enjoyed >2 years of economic growth with little economic activities during Covid. https://t.co/2khkVH2MXT

[Tan Chee Yeng @cheeyengtan]

As expected, #Fed raised by 0.25%, on top of that, #Powell said there would only be one more hike this year. The #market got what it initially wanted, yet we are seeing a #SeaOfRed today. Lesson here: emotions are the hardest to predict. https://t.co/lzgGNUIZlq

[Tan Chee Yeng @cheeyengtan]

To raise or not to raise? .25 (or higher), is the question. Tough being #Powell now. It’s a choice between #Hyperinflation or #Recession, both are bad. One might wonder, with so many pair of eyes and brains monitoring, how did the situation become so bad https://t.co/LdjOnzoA0d

[Tan Chee Yeng @cheeyengtan]

With #FedRateHike just round the corner, it is interesting to see the market going green. This should be a sign that they are betting on the recent #bankfailures would slow down/pause the hikes. Nonetheless, a 0.25% #ratehike should be expected. #2MoreDaysToRateHike

[Tan Chee Yeng @cheeyengtan]

@Bio437 To be fair, the risks of investment products like AT1 “bonds” have been disclosed before the purchase. Investors of such products should be aware that such scenarios could happen. But I totally agree with you that this left a huge negative impact on the Swiss financial center.

[Tan Chee Yeng @cheeyengtan]

#AT1 bonds to be written off, says #CreditSuisse. This would definitely dent the confidence of investors towards Swiss banking system. Desperate times call for desperate measures. Higher risk bonds are now hit, real estate could be next. #2008again? https://t.co/pNtIewHGqa

[Tan Chee Yeng @cheeyengtan]

#UBS agreed to buy #CreditSuisse in #FINMA engineered deal for $3.25B, in an attempt to safeguard its banking system and prevent a crisis spreading across markets globally. We know things are bad when #regulators are involved in such takeovers. #2008again? https://t.co/UkFphcnnRM

[Tan Chee Yeng @cheeyengtan]

#Microsoft365Copilot is really changing the game for work, especially remote work. Can’t wait to test it. Watch the summary by #CNET https://t.co/Glf3aJV2wI

[Tan Chee Yeng @cheeyengtan]

US stock market went red today amid the recent bank contagion fears. The injection from major #usbanks into #FirstRepublicBank didn’t restore much confidence. In any turbulent economic situation, usually riskier assets would tank first. #PropertiesCouldBeNext #GlobalFinancialER

[Tan Chee Yeng @cheeyengtan]

This looks like a scene straight out of “ER”: Major US banks injected US$30B to rescue #FirstRepublicBank in a bid to prevent a banking meltdown; #JPMC #Citi #BOA #WellsFargo #GoldmanSachs #MorganStanley were involved. #2008again? #GlobalFinancialER https://t.co/XH1704fCRd

[Tan Chee Yeng @cheeyengtan]

Starting with #SVBCollapse, the banking crisis is now spreading to Europe and fear of this spreading to the rest of the world is growing. https://t.co/SSvMHZoTrs

[Tan Chee Yeng @cheeyengtan]

We have launched our free property value estimation tool for #HDB and #Condo #properties in #Singapore. Unlike others, you don’t need to sign up to use. #Clicks #ClicksDotRealEstate #Clickstimate https://t.co/oal44lgRpS