As expected, we have reached the EUR euphoria stage after our expected Jackson Hole disappointment. Despite our Dow Jones industrial making an eye-watering 1.87% jump overnight, yours truly is not bullish. Sorry bulls.… Continue reading
Communist Paper Editor blasts legacy of outgoing leaders. Sept. 4 (South China Morning Post) — A senior editor of Study Times ,a Communist Party mouthpiece, has launched a blistering broadside at the country’s… Continue reading
There are many ways to give to charity and it looks like Keppel is certainly one of them. Within 6 months, the company potentially made over SGD 6 million off investors of her… Continue reading
This is really history in making – internationalising a currency before it is fully convertible. This is what China has been doing for the past 5 years since it allowed a Chinese bank… Continue reading
I think about my future most when I am behind my wheels. Of the different encounters you get on the road – traffic jams, Singaporean drivers, radio news, trivials and songs, the pedestrians,… Continue reading
Can we really believe Bernanke when he said he’s all ready to ramp up QE again? Even so, the question right after that would be “so now what”. Basically, QE has reached diminishing… Continue reading
As we said 2 weeks ago, Europe had solved itself. The ever so influential Medley was said to report that the ECB was close to a bonds program deal. Sep 6 ECB meeting… Continue reading
IT’S ONLY A SONG ! link. Not that I can claim I had my first Walkman then. Although I can attest to my light blue Sony Walkman procured sometime during the Tiananmen fiasco… Continue reading
There is a time for everything under the sun. Now is the time to listen to the bears. Our favorite barometer of risk, the Dow Jones Industrial is at the top of the… Continue reading
SGD 8 billion worth of corporate papers issued since Jul 1, some over 10 times oversubscribed. I cannot help but feel little alarm bells ringing at the back of my head. By far,… Continue reading