While government bonds have underperformed on the year, we cannot say the same for the SGD corporate market. Corporate bond yields have caught up with government yields in a significant way, with government… Continue reading
I say this week ends with blessed relief and double that for me because I narrowly escaped major damage from a little fire incident in the living room. No more playing with fire… Continue reading
Japan was downgraded by S&P from A+ to AA-. We said many times before that the sovereign debt crisis will center around Europe, Japan, and America. Europe is the ugliest, and America is… Continue reading
The most important FOMC Rate Decision of the 21st century tomorrow night, 18 September 2015, 2 am Singapore time. For the record, I think it will happen be it Sept or before… Continue reading
After the electrifying elections (where I did warn was not going to be as bad as markets thought it would be), it is official – Singapore would contend to be the worst performing… Continue reading
This post was written a week ago for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading… ******************************** When it began in 2008, all the world knew was… Continue reading
This week has been about the mystery of the AUDUSD low in Monday’s flash crash that was so sharp that charts cannot even agree on a low-point when it “dived US2c in the… Continue reading
Every now and then it is nice to go out and so I was taken to Shanghai Dolly last week by an over enthusiastic friend who was quite sold on the popular band… Continue reading
7 weeks ago, we talked about the “aftershocks” after China pulled out all the stops. And back then we wrote, “What we have to look forward to ? 1. The side-effects of China’s… Continue reading
Ad Hoc Commentary – Yellen honeymoon ends
byCan we have a show of hands? Who believes the official unemployment numbers? Who believes the official inflation rate? Who believes that a group of very intelligent individuals uses the above to determine… Continue reading →