Our valuation systems have just been thrown off the scale ! It’s off the radar because HDB just launched a 5 year this morning at 2.365%. Do you have any idea what this… Continue reading
We have always known that Russians are better at chess than the Americans, God Bless the late Bobby Fischer. They waited and watched Obama and then made him look like Chicken Little last… Continue reading
It is September the 11th today. Strategists have finally found the time and the courage to look into the future now that the EM crisis is stabilising. Global Growth “US liquidity tightening has… Continue reading
Zico has been quiet of late and in unwind mode. It was hard for me to drag a stock tip out of him. But I did ! And here it is to be… Continue reading
Economic News Aug Electronic Sector Index 51.3 vs expected 50.5 Aug Purchasing Managers Index 50.5 vs expected 51.9 Aug Foreign Reserves $261.87 bio vs previous $261.1 bio IRS Light week in rates for… Continue reading
People say Bill Gross is starting to talk strange, of Cracker Jacks and 7th innings, in his latest monthly. “Why invest in financial or real assets if bond prices could only go down,… Continue reading
** S$ TAP- EZRA HOLDINGS 5.00% 09/16 @ 100.00 area ** Issuer: Ezra Holdings Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Reopening Issue: Re-opening of S$200 million 5.00% Senior Unsecured Notes due… Continue reading
All the good work of the PMIs were wiped out by the Non Farm Payroll which fell short enough to unconvince about half the world that the Taper is imminent. “Fed watchers Jon… Continue reading
There has been some debate on stock valuations with banks naturally bullish (for the companies are their clients) and independent observers locking horns most recently on the CAPE methodology. CAPE stands for Cyclically… Continue reading
“Around 90 percent of the 130,000 foreigners that own properties in Johor are Singaporeans, according to a June 3 report in the Straits Times newspaper.” THAT IS 117,000 SINGAPOREANS ! And some probably… Continue reading