“JAKARTA, Indonesia—Investors are souring on Indonesia as growth slows and a contentious election approaches. Some investors see more trouble ahead. Indonesia is one of several emerging markets dealing with slowing growth, high inflation… Continue reading
The Trend “Rich Asian individuals are snapping up luxury residential properties and even office towers in the West. But Asia’s biggest investors, including sovereign wealth funds, insurance funds and pension funds, are only… Continue reading
JP Morgan’s exit from commodities trading will probably be remembered as the beginning of the true exit from proprietary trading by big banks. Cynics are probably right for alleging that, until recently, the… Continue reading
Global Purchasing Managers Index “The global manufacturing sector made a subdued start to the third quarter. At 50.8 in July, the JPMorgan Global Manufacturing PMI ™ – a composite index* produced by JPMorgan… Continue reading
My son made a cryptic comment which caught my attention. He said, “They live by You Tube.” I asked him what he meant. I notice the You Tube craze these day, he does… Continue reading
Facebook & Apple NYU Prof Damodaran who correctly called for a FB buy at $18 now says says sell at $38. He also said sell AAPL at $700. “Syncapse, the social media marketing… Continue reading
The Cyprus bail-in is confirmed at 47.5%: “…Deposits above the guaranteed limit of €100,000 will face a 47.5 per cent haircut…” http://www.ft.com/intl/cms/s/0/85eb3cea-f943-11e2-a6ef-00144feabdc0.html For those with deposits in banks, you might want to check… Continue reading
HIA (Homeland Investment Act) is back in Obama’s 2nd of 7 speeches last night. It looks like the 2 trillion held offshore by US companies will be taxed whether it goes home or… Continue reading
CANDLES TO CELEBRATE NATIONAL DAY – USDSGD
byA pleasant surprise on Hari Raya Puasa and the National Day , Singapore was rewarded with a big black candle in the USDSGD chart. We have broken into the Ichimoku cloud ! “Aug.… Continue reading →