SGD Corporate Bonds – You Call This Junk ?
Do not jump the gun. The S$5bn high yield deals mentioned in the Singapore – Destination Junk article are mostly in the USD arena even if they were originated in Singapore. Stuff like… Continue reading
Do not jump the gun. The S$5bn high yield deals mentioned in the Singapore – Destination Junk article are mostly in the USD arena even if they were originated in Singapore. Stuff like… Continue reading
No new developments in the ShutDown and the longer it drags, the more market limbo grows. Limbo is a good place. Markets are actively positioning for a swift rally once the shutdown ceases,… Continue reading
I was reading an article reporting on DBS’s outlook on Singapore property and their expectations for prices to fall and for volumes to contract written a fortnight ago when Zico called and told… Continue reading
He is selling again while the stove is still hot. Now taking his public utilities business public. http://online.wsj.com/article/SB10001424052702303492504579112650388231322.html?mod=wsj_share_tweet Make no mistake, he has been consistently moving out since last year as the minions… Continue reading
There is chatter on the street this morning on a budget deal being worked out in Capitol Hill. I guess it is hard to ignore your Klout score for the GOP as the… Continue reading
Caveat emptor : Non Americans only The shut down has been good for the rest of the world. Equities and credit markets are holding more than steady. Bonds are outperforming, even high yields… Continue reading
The CFTC is shutting down most of its operations too, leaving a skeletal crew to supervise the whole wide world of the markets out there. “a bare minimum level of oversight and surveillance… Continue reading
A few reports have surfaced on the latest IMF release of the Currency Composition of Official Foreign Exchange Reserves (COFER) for 2Q13. http://www.imf.org/external/np/sta/cofer/eng/index.htm Citi summarised the gist of the results. Reserve managers holdings… Continue reading
Since Obama didn’t provide a Syrian distraction, Obamacare is the whipping boy. Obamacare dreams of a world without medical wants. However, without liability reform, it will be a dream that the average man… Continue reading
Markets – Forcing Your Hand And Clouding Your Mind
byBanks are raking it in with the shutdown. Weeks ago, you will probably remember a whole bunch of trade recommendations out of your bankers urging renewed investment in EM, fx trades, high yield… Continue reading →