Merkelections did not give us a hung Bundestag as yours truly expected. The Germans instead handed Merkel a landslide, essentially giving the status-quo a landslide victory. However, the surprise strength of the Euro-skeptic… Continue reading
I like Citi’s piece, Resist Indiscriminate EM Positioning. “Put simplistically, the FOMC’s concern about tighter financial conditions refers to the increase in long-term interest rates. The pressure faced by emerging markets in recent… Continue reading
Bloomberg “As the government shuts the center of the city this weekend for the annual Formula One street race, residents are bracing for even more delays.” http://www.bloomberg.com/news/2013-09-19/taxis-vanish-in-rain-as-singapore-gets-congested-southeast-asia.html Tell me something I do not… Continue reading
Who says the Fed does not work for the banks ? And their AFS books into the 3Q end in less than a fortnight. Bless those profits, coming back in time for book… Continue reading
Just got this fresh off the Barry Ritholtz blog and he is a big name to follow. “Long-time trader Andrew Maguire told told King World News this week that 2 JP Morgan whistleblowers… Continue reading
Forget the unemployment or the inflation. 5 years of QE and these are the headlines. Chart of The Day : Do Recoveries Belong To the Rich ? http://pragcap.com/chart-of-the-day-do-recoveries-belong-to-the-rich?utm_source=dlvr.it&utm_medium=twitter Saez and Piketty’s research shows… Continue reading
I keep hearing echoes of that China qualifier in most regional outlooks these days. Anything economic forecast, stick in a China qualifier. SINGAPORE: A sharp slowdown in the Chinese economy will have a… Continue reading
FOMC and Taper Standard Non Radical Views from the US Banks “Expectations going into this meeting are wide and varied – but consensus distills to a $10bn reduction in UST purchases with no… Continue reading
It’s the anniversary of Lehman again and we have the media littered with nicely written articles mostly lambasting the crisis and also the Hank Paulson film to be aired next week on Netflix,… Continue reading
Foreign Worker Policy And The SGD Policy
byI have become good friends with my pest control chap over the past years and we have a mutual understanding of each other. He is a typical Singaporean worker who earns too little… Continue reading →