Larry Summers, perhaps best known for making foot-in-mouth remarks about women while a Harvard president, had recently remarked in polite circles that: “…we may well need in the years ahead to think about… Continue reading
We have had a lot of mentions of “BUBBLES” in the headlines for the past week which started with Larry Summers at the IMF and Nobel laureate Paul Krugman who came out immediately… Continue reading
Economic News Sep Retail Sales Ex Auto +0.3% YoY vs expected +1.8% Sep Retail Sales +0.5% MoM vs expected +1.0% Sep Retail Sales -5.9% YoY vs expected -4.4% Oct Electronics Exports -1.4% YoY… Continue reading
Its been a Turkey sandwich year. Sandwiched between the Syrian conflict, Iran nuclear impasse and its own internal strife and riots. Its economy not flourishing as it had in the past, unemployment soaring… Continue reading
2 new issues today out of familiar names. Nov. 18 (Bloomberg) — Person familiar with the matter says. • Issuer: Sembcorp Financial Services Pte. • Guarantor: Sembcorp Industries Ltd. • Maturity Date: May… Continue reading
After witnessing your son graduate from elementary school, there will be an inevitable sense of loss for us. 12 years gone by with no reset button. That is much like the new way… Continue reading
The unemployment rate has been the Fed’s pet peeve for QE3 so much that they are willing to keep buying up to USD 85 billion a month in US treasuries and agencies to… Continue reading
Heard about the Morgan Stanley Conference this week. Sashimi, Ding Tai Fung, Jumbo Seafood, Ya Kun and Illy’s coffee at ballroom foyer… and wagyu beef and Hokkaido seafood. Take your pick. Free cab… Continue reading
What does one expect to gain by saying this ? “I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the… Continue reading
For all the hype and expectations, the 3rd Chinese plenum of failed to produce a single firework. Instead we have the unveiling of a destination without a map to guide the markets. Way… Continue reading