Author Archive

Ad Hoc Commentary – Malaysian elections, the incumbent will likely stay in power

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Malaysians goes to the pool today, and yours truly believe that the incumbent will stay in power. However, their days are numbered. This is likely the last five years for the incumbent. Just… Continue reading

Skeptics Beware : CLSA Fengshui Index is Right But Wrong

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Time to revisit that good old Fengshui prediction for the Year of the Black Water Snake and time to read the fine print because if you were like me, you would have skimmed… Continue reading

The Archbishop and The Pope Speaks – Wealth Redistribution Ahead

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Since time immemorial, we always had politics mixed up with religion. That stands to reason given that most of our judicial systems have their origins in some form of religious law. We may… Continue reading

Bond Market Phenomena – Slovenia, Guoco, Wow !

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Market phenomena everyday ! Apple issues 17 bio, reportedly the largest bond issuance in history, on the day S&P breaks historic high. CNOOC raises the biggest issue in Asia since 2003 for USD… Continue reading

New Issue Review : Guocoland 7Y SGD 4.5%

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ALERT : Below is the email I received from my banker and the next one was sent to me by my fund manager friend. NOTICE THE DIFFERENCE ? NEW ISSUE: GUOCOLAND SGD 7Y… Continue reading

Bonds In Conversation – Reconciling With Financial Repression

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As my friend, Asianmacro put it, we are thriving on bad news and praying for external stimulus. Bill Gross, “There Will Be Haircuts” May 2013 “The easiest answer to the question of what… Continue reading

QE expectations = When bad news is good news … and vice versa

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In a normal world when economic data are poor and getting poorer, governments are running out of policy options if they are even effective with twin deficits, central banks are faced with unemployment… Continue reading

MayDay MayDay, It’s May Day

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It’s May Day on a Wednesday and we know Wednesday’s child is full of woe. Mayday is an emergency procedure word used internationally as a distress signal in voice procedure radio communications. It… Continue reading