Bonds In Conversation : Life Is Good
We have come to the end of the month and the 3rd quarter of 2013. A moment’s reflection is that life is good. We have survived a mini crisis of sorts. The Fed… Continue reading
We have come to the end of the month and the 3rd quarter of 2013. A moment’s reflection is that life is good. We have survived a mini crisis of sorts. The Fed… Continue reading
For the past few months now, we have the small caps leading the way in the STI, oblivious and impervious to the EM meltdown. It has become the usual headline that about small… Continue reading
Did we have a crisis this quarter ? Some of the numbers are pretty shocking with the outflows, whilst small in the context of the inflows over the past 5 years, creating immediate… Continue reading
Note : 3 Year SGD Interest Rate is 0.91% today. The 1 year high was 1.16% on 6 Sep. One observation, the tenors are getting shorter and shorter (remember Ezra and the 1Y… Continue reading
Economic News Aug CPI 0.8% MoM vs expected 0.8%. Aug CPI 2.0% YoY vs expected 2% IRS We saw a nice V shaped bounce off the lows in the rates after the slam… Continue reading
Yesterday, the Dow Index threw out Hewlett-Packard, Alcoa and Bank of America. And they took in Visa, Nike and Goldman Sachs. Since the Dow is a price weighted index, the table below shows… Continue reading
Yesterday’s headlines got me thinking how much our heads are fixated with the idea of AUD and China. Headlines like “AUD lower despite strong Chinese data” and “Chinese Stocks Climb With Aussie After… Continue reading
I have become good friends with my pest control chap over the past years and we have a mutual understanding of each other. He is a typical Singaporean worker who earns too little… Continue reading
Merkelections did not give us a hung Bundestag as yours truly expected. The Germans instead handed Merkel a landslide, essentially giving the status-quo a landslide victory. However, the surprise strength of the Euro-skeptic… Continue reading
I like Citi’s piece, Resist Indiscriminate EM Positioning. “Put simplistically, the FOMC’s concern about tighter financial conditions refers to the increase in long-term interest rates. The pressure faced by emerging markets in recent… Continue reading