Yours truly apologize for not writing in recent times. Today is Fed Powell’s first meeting. Markets are very different today compared to the last Fed rate hike cycle of 2004-2006. Today, Fed Funds… Continue reading
Monetary policy transmission is broken today as measured by the FX swap implied rate of US dollar versus Interest on Excess Reserves rate. Those who are still looking at Libor versus Fed Funds… Continue reading
The Real Face of 2018 What a difference a week makes when we have a dear friend of mine deciding she needed those 2-dollar notes for her ang pows after all. She just… Continue reading
Photo courtesy of Mr Noah S., Italy 2017 When we wrote about our Great Humbling last week, it was in all intents to air our grievances against ourselves and our shortcomings in… Continue reading
photo courtesy of Mr Eric Chong, Okinawa 2017. Why Think So Much And Be Too Smart ? The Great Humbling began when we spoke to a portfolio manager last week who told… Continue reading
Photo courtesy of Mr KC Kan, Japan, 2018 Peak Year 2017 – A Recap We will remember 2017 as the peak default year for the Singapore corporate bond market with just under… Continue reading
photo courtesy of Mr Percy T., Poland 2017. 2017 has been a year of epic proportions and no storm, wind, hail, flood, fire or Godly wrath of any sort has been large… Continue reading
photo courtesy of Mr Percy T., Auschwtiz 2017. * 2017 was a rare recording-breaking year where sell-signals did not work, that has left us at a loss for words, a volatile… Continue reading
* Talking to folks about 2017, one proclaims that if you are not up at least 30% in 2017, you are a loser. * Friends in HongKong gripe about 30% returns on their… Continue reading
Trash Talking The Plastics Ban
by tradehavenFor all the things we would agree to disagree on this week and the 10th anniversary of the Bear Stearns bailout, we have a record US$ 43.3 bio pumped into US equity ETFs… Continue reading →