Too Much Of A Good Thing – Markets
Have you ever eaten too much of a good thing that it made you ill ? Or when someone offers you a deal too good to be true that it made you wary… Continue reading
Have you ever eaten too much of a good thing that it made you ill ? Or when someone offers you a deal too good to be true that it made you wary… Continue reading
The official story is the European Central Bank (ECB) interest rate cut is to prevent euro zone’s recovery from stalling as inflation tumbles. That is good enough for most. However, yours truly believe… Continue reading
Some weekend trivia for readers. The earth was much hotter 1,000-2,000 years ago and even hotter during the Cretaceous period some 100 million years ago when dinosaurs were at their peak. The atmospheric… Continue reading
“Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.” Lord Acton, 1887 What happens when you find you and your mates account for 40% of a… Continue reading
Central bankers cannot, as a matter of self preservation, mention much about bubbles because that would almost certainly be an admission of ineffectuality ? They are not mincing their words these days. IMF… Continue reading
Singapore – Handouts to Poor Top 100 million mark : Straits Times http://www.straitstimes.com/breaking-news/singapore/story/handouts-the-poor-top-100m-mark-20131020 A landmark for Singapore. One step further in Switzerland. Switzerland Mulls Giving Every Citizen 2,800 a month : Business Insider… Continue reading
The latest “de Americanize” war cry out of Xinhua echoes the grief of Chinese coffers. So long as America been the economic backbone of the world that all living things are born with… Continue reading
It is an irony that Nobel prize for economics had to go to Robert J. Schiller on a mad, mad day. http://uk.finance.yahoo.com/news/nobel-prize-robert-shiller-predicted-212310295.html Markets acting out the work that he has done on irrational… Continue reading
When our favorite S&P 500 opens later today, we will be waking up to higher margin requirements. In fact, all equity indices on the CME will be waking up to higher margin requirements:… Continue reading
The Real Banks and The Savings Banks
byIt is a painful reminder how much banking has changed when you realise you do not have your AUD account number written down anywhere. How is that possible ? I found out the… Continue reading →