Always Look On The Bright Side Of Life : Greece, China, IPOs

 

what have you got to lose?
You know, you come from nothing
– you’re going back to nothing.
What have you lost?

Always (Nothing.) look on the right side of life…

From the Life of Brian and my favourite Monty Python which I have not had time to think about with all this turmoil plaguing markets.

Today, we have Greece saying WE WILL NOT BOW FOR MONEY !

Yes. WILL WORK FOR MONEY, NOT BOW !

For me, we are closer to a conclusion and certainty which means we do not need to pore through tedious analysis of the various scenarios that will transpire and some people who have  bet the wrong way will be crying.

Today, we have more suicides in China and these are only the high profile ones that are being reported because we cannot have bodies flying out of buildings while we can have people poisoning themselves in their cars or hanging themselves at home.

Woman jumps to her death in Shanghai’s IAPM mall after stock market dive

http://shanghaiist.com/2015/07/02/woman_jumped_to_death_inside_shangh.php

A morbid truism – we have less LONGs now.

MANULIFE U.S. REIT SCRAPS PLANNED SINGAPORE IPO

http://www.straitstimes.com/business/companies-markets/canadas-manulife-to-delay-singapore-reit-listing-due-to-market-conditions

Fact : Less IPOs = more liquidity to support the rest of the market !