A friend sent me this photo of the Chinese parade on Friday with incongruous blue coloured tanks which I thought would be a good camouflage assuming tanks could fly in the “blue sky”… Continue reading
The AUD charts look bad, bad, bad so its time to do some remembering. At 6 year lows, I feel a stab of pain recollecting “My personal experience back in 2008 was a… Continue reading
Total global bond issuance has fallen 61.3% in the past 2 weeks and the backlog is growing which means that borrowing costs will have to rise to whet investor appetite. http://www.bloomberg.com/news/articles/2015-09-01/bond-sales-drought-in-august-swells-pipeline-with-m-a-debt-deals It is… Continue reading
Back in June. “Why is safety under-appreciated even as US junk bond defaults rose to the highest level since Oct 2009 giving us a total of 9 defaults in May? Because it has… Continue reading
I say again, thank goodness for the elections. It has been an ugly week and the effect of the elections on the USDSGD lasted about half a day. While reports are screaming that… 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
I am thankful for the upcoming elections because these are times were we desperately need some distraction. It has been an atypical week because we do not often get Minsky moments in markets… Continue reading
Not intending to spread panic on a Dark Tuesday after Black Monday, but I would like to point out to readers some anomalies in SGD corporate bond prices. S&P Revises PT Energi Mega… Continue reading
Contemplating Bonds Ahead of The First Hike
byThis 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 →