A bond portfolio manager told me that his analyst team who studies asset allocations and data series has detected red lights and sell risk indicators. Doesn’t this happen all the time ? Not… Continue reading
G8 EDUCATION LIMITED SGD 3 YR – New G8 Education SGD 3yr announced with strong IOIs post SG roadshow – Initial price guidance: high 4s – Comps: Overseas Education Ltd 5.2 2019 @… Continue reading
I decided to wash the car on Sunday which had all the appearance of a hot and sunny day and turned out so. But as Murphy’s Law would have it, a single lone… Continue reading
A hedge funder was lamenting that he positioned for an ultra strong Non Farm payroll number but ended up losing money too because the markets then decided to blame it on Ukraine. Not… Continue reading
It has been a profitable ride especially for Asian credit investors buying into rated and unrated high yield bonds issued by a plethora of Asian companies over the last 2 years. Credit spreads… Continue reading
They say 2014 is the peak birth year with the most babies born ever 139 million of them screaming tots, 4.4 babies born per second to inherit the 111 trillion in debt we… Continue reading
The S&P500 seems to be topping up here, and we probably need a rest before rallying higher. If you plot UST10y yields versus S&P500 (USGG10YR Index SPX Index HS on your Bloomberg), you… Continue reading
New Gallant Venture SGD 3yr announced on the back of strong reverse inquiries May 5 (Bloomberg) — Person familiar with the matter says. • Issuer: Gallant Venture Ltd. • Tenor: 3-yr • Initial… Continue reading
40 days to the World Cup and they say we cannot sell in May because it is the probably the last leg for something to happen. Pfizer makes headlines with the largest acquisition… Continue reading
As we approach a new peak in the Citi AUD Pain index*, along with a nice top in the Economic Surprise Index**, markets are turning long in the AUD, led by the usual… Continue reading
