Weight Of The World (Cup) On The FOMC
“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” – John Templeton We are between stage 3 and 4 ? My mind hazy from all the… Continue reading
Category Archive: Market
Geopolitical Risks And Me And You – Cash Is King
I read the Asiaone website when I need to feel safe and closeted from the world out there. The warm news of home, scandals and all, is comforting to that extent. The main… Continue reading
New Issues Review : Noble USD Perp and Koh Brothers SGD
NEW ISSUE: NOBLE US$ REGS PerpNC5 | IPG: 6.000% AREA NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE… Continue reading
Very Vague On SGD Perpetuals …. To Worry Or Not After Noble Perp?
An alarming development today which may have escaped some investors who are not concerned that Noble’s 8.5% USD perpetual has crashed in price terms. This is apparently due to an option used by… Continue reading
Mighty Modi And The Rupee Machine
The Rupee is finally taking a breather and it is because of Iraq and maybe Ukraine. Modi’s uproarious win is put on the back burner as profit taking tempers the Nifty’s post election… Continue reading
Father Knows Best ? Not Always – Market Thoughts
Sometimes I wonder why life is so carefree for a child or teenager like my son. And so I drew it out. For him, things that he can control, he really cannot be… Continue reading
2012 – A Golden Year For SGD Bonds. What’s Next ?
2012 was a golden year for SGD corporate bonds, setting many records that have not been broken since. 1. Total corporate bonds issued SGD 31 bio. 2. The largest ever corporate issue –… Continue reading
International Bonds Weekly : The Kangaroo Report
Australian stocks at at 3 1/2 week low and AUD/USD at a 6 month high. Mind warp ? Poor jobs data out on Wed failed to deter the currency from stampeding past 0.94… Continue reading
Bonds In Conversation : Happy Animal Spirits on Friday the 13th
A 91th minute goal to give Brazil a 2 goal advantage win. Ahem. Just as we would expect from the markets and central banks, go for the popular consensus. Referee = central banker… Continue reading
Darlings To Defaults – BUMI RESOURCES
I remember this name well – Bumi Resources. They had 2 hot high yield issues back in 2009 and 2010 that rallied 10%. The BUMI 12% 11/2016 (callable 07/2014 at 106) and the… Continue reading