Citigroup Economist Willem Buiter’s ‘Ex-mistress Sent Threatening Emails And Lewd Photos’ http://www.telegraph.co.uk/news/worldnews/northamerica/usa/10157727/Citigroup-economist-Willem-Buiters-ex-mistress-sent-threatening-emails-and-lewd-photos.html http://www.businessinsider.com/heleen-mees-and-willem-buiter-2013-7 She actually looks quite good. Poor thing. Moral of the Story : Old Man Still Got Chance What About Old… Continue reading
Watching the market actions unfold into the half year closing, I remember a movie I watched over a decade ago. The beauty of Run Lola, Run, besides the chick (i like her because… Continue reading
The market has a short term memory, mine included. Yet when 2 lines are strung together like these on CNBC and WSJ last night in an interview with hedge funder Jeff Gundlach, your… Continue reading
Economic News May CPI +1.6% YoY vs expected +1.7% May CPI +0.4% MoM vs expected +0.3% IRS Chaos with Singapore melting down along with the rest of the world in a unprecedented move… Continue reading
First, Uncle Ben decided to skip the Fed’s annual Jackson Hole conference on Aug 22-24 – no more dropping-money-off-helicopters speeches. Then, it was the bail-in of Cyprus where depositors took a hit. The… Continue reading
Singapore punishes 20 banks in benchmark rate review Source : Reuters “In censuring the 20 banks, MAS has demanded that 19 of them set aside extra reserves with it at zero interest for… Continue reading
SGD rates market is finally paying it back. Last December, I wrote here about the risks which lurk behind Singapore living on cheap global funding. In the past few weeks, the ferocious sell-off… Continue reading
There are many reasons for New York fall from grace as the IPO center of the world. Academics might debate the reasons: The U.S. Left Behind: The Rise of IPO Activity Around the… Continue reading
Whenever politicians says something, you need to ask yourself, why do they say that. The French is declaring victory before the war is over. In all likelihood, the eurozone crisis will come back… Continue reading
I did some elementary analysis. Dragged out the companies that are highly geared. For that I used companies whose Total Assets are more than 4 times Total Equity. And included their debt servicing… Continue reading