*** NEW ISSUE: OXLEY SGD 3 YR ISSUE *** Issuer: Oxley Holdings Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenure: 3… Continue reading
That they are releasing the sequel to the Hunger Games, Catching Fire, at a time when President Barrack Hussein Obama’s approval rating has dipped to an unprecedented 39% low in his presidential tenure… Continue reading
I found a nice little honeycomb washed off the tree. It had come unstuck. Stuck is the situation most people are in. Stuck to their mortgages, stuck to their investments, stuck to their… Continue reading
Some old mates and I attended this fx seminar ran by an 82 year old chap a couple of months back. Whilst we took away some very important lessons from this market veteran… Continue reading
There were tears yesterday when I saw some kids’ faces. Bright and intelligent children who had expectations and were expected to make the grade for this IP or IB system with their PSLE… Continue reading
Twin deficits is a way of life. The word used to be as bad as stagflation 1-2 decades back if you ask me yet it has now become accepted as the norm. It… Continue reading
Humour me as I try and piece this all together. China started this currency war game in 1995 when they pegged their currency to the USD. That lasted for 10 years. During that… Continue reading
What a week it has been ! … watching paint dry. US treasury bond prices are back to lower to Oct shut down levels and we have some fanciful reports out today suggesting… Continue reading
Gold and Silver are the worst performing asset class this year. Corn has lost out by a mile too but who’s counting ? All this talk about asset inflation got me thinking about… Continue reading
“It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Yi Gang, a deputy governor at the central bank, said in a speech organized by China Economists 50 Forum at Tsinghua University yesterday.”… Continue reading