The World We have, in other words, never been as wealthy as a human race as we are now. Yet governments the world over are pleading poverty and imposing austerity on their people.… Continue reading
Mad ending to bad news and yet markets speaks volumes otherwise. YTD Q411 TOTAL VENEZUELA 70.65 17.49 88.14 EGYPT 38.52 -13.59 24.93 COLOMBIA 29.44 -2.61 26.83 VIETNAM 27.22 -18.58 8.64 TURKEY 26.87 -15.46… Continue reading
Because I have paid my dues. Who says an Interest Rate trader has no business with the EUR/USD ?? EUR going through referendums, defaults, precarious elections in France, Greece and Spain just lost… Continue reading
He did it. Put the ball right back on the court of the rest of the world in GCW III (Global Currency War III). Playing the dangerous game of Liars Poker and calling… Continue reading
We now know that growth will be slow, slowing, slower or slowed. What strikes me as ironic is that EM and BRICs appear more ready to admit that they are slowing, making easings… Continue reading
Headline trading this week. Rule of thumb : Ignore the news ! Forget your emotions ! Global perceptions of the situation has shifted with Bernanke and one FOMC. People are getting convinced, some… Continue reading
Have been reading too much about the pink slime that the USDA is allowing into meat, which is beef trimmings sprayed with ammonia and considered safe for human consumption nowadays. http://abcnews.go.com/blogs/headlines/2012/03/70-percent-of-ground-beef-at-supermarkets-contains-pink-slime/ It is… Continue reading
AUDUSD is still very much in consolidation mode given both positive n negative expectation.The negatives include recent dovish statement from RBA and though concern/downside risk from EZ/Greece has been reduced, it has not… Continue reading
If I was on a watermelon diet, I would be 50% poorer for my meal ! Blame it on my grandfather who was a math prodigy of sorts in his days, that I… Continue reading
Devaluations must be the furthest thing on everyone’s minds right one with the rapid inflation of all asset classes except bonds in the world right now. I cannot imagine a more morbid subject… Continue reading