As we were saying, pundits were expecting too little from the EU Summit. The German creditors blinked during the EU Summit because doing otherwise will risk themselves being next in line for the… Continue reading
We all remember our major triumphs with great pride while our failures lie buried in our dreams, playing back in our dark moments like a broken record to remind us of our vulnerabilities.… Continue reading
Source : Wikipedia When I was younger, we were told to assume that the IRS curve is a AA curve because most banks were AA back then in the late 90’s. Thus Standard… Continue reading
Populism (“political ideas and activities that are intended to represent ordinary people’s needs and wishes” is on the rise. (Maybe Plutarchy is finally going down. Wrote this 2 months back .. Plutonomy, Plutocracy,… Continue reading
Merkel dashed the hopes for Eurobonds overnight. This stopped the great convergence of yields between Bunds and periphery for the moment, and managed to embarrass the Bund-to-Dow call for now. However, since the… Continue reading
My neighbour is eating a Thai salad that smells 100% onion although she says its mainly cabbage. I am swooning and the smell of onions do not go down well with the barrage… Continue reading
My dad says it was a love-hate relationship when my mom passed away. I called it a tortured love relationship, taking the hate out of it. A first hand experience is necessary to… Continue reading
Standing in the cool winter breeze of Perth, a light feathery rain falls. That was the unreal state I felt, whisked off from 1 June markets into the bizarrely tranquil and unhurried world… Continue reading
Hands up those who want to wipe the slate clean. Me, me, me. There are just so many developments and the truth is that Greeks love the Euro but they hate their debt… Continue reading