Capital Controls and Safe Havens
Illustration 1: ”Bank run” on AIA Singapore office in September 2008 Even in staid Singapore that is always seen as a safe haven, there was a ”bank run” on AIA Singapore office in… Continue reading
Illustration 1: ”Bank run” on AIA Singapore office in September 2008 Even in staid Singapore that is always seen as a safe haven, there was a ”bank run” on AIA Singapore office in… Continue reading
I have been giving thought to this bail-in idea. Bail In is the In Thing. A bail in during a crisis involves senior bondholders and senior creditors (aka depositors) as Cyprus has demonstrated.… Continue reading
The threat of capital flight out of Europe is becoming more real with each passing day that Cyprus stays on holiday. And all of a sudden, the talk in town now is that the… Continue reading
Most of my friends are aware that I have decided to take a break from work. It is definitely uncommon amongst people in my trade to give up the paycheck and future bonuses… Continue reading
Bonds in conversation will be taking a break for a fortnight. Markets are sidelined and not doing much, SGD bonds unexcepted. PB flows have slowed considerably and the latest issues are not seeing… Continue reading
Economic News 25 Mar Feb CPI. +1% MoM vs expected 0.4%. +4.9% YoY vs expected +4.1%. IRS CPI nailed it in the coffin for the USDSGD yet IRS remains directionless without the SGD… Continue reading
MAS media blackout period into their semi annual Monetary Policy Statement which is widely expected to be between 5th-12th April, along with the GDP number. Some final headlines. March 1 (Bloomberg) — Singapore… Continue reading
Cyprus ? Abe ? Bernanke ? Draghi ? No need to watch the telly, we have this in real life. The award should go to all of them and drama classes made compulsory… Continue reading
” March 21 (Bloomberg) — Investors stand to lose most of the $1.28 billion they put into Suntech Power Holdings Co. after the solar manufacturer said it wouldn’t resist a bankruptcy petition filed… Continue reading
Spring or Vernal Equinox starts on 20th March and its cherry blossoms and daffodils English: Daffodil field in South East Cornwall (Photo credit: Wikipedia) time. Dialastrategist is going off to Cornwall to do… Continue reading