Awaiting A Digital Outcome

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Down to the wire on this balmy public holiday in Singapore and the world is sitting on edge. It’s the Reuters article this morning that is giving the markets a boost, that a… Continue reading →

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Ad Hoc Commentary – higher margins on CME suggests Fed taper will happen after welfare cuts

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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 →

Monetary Policy Necessity Is So Blase

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Oct. 14 (Bloomberg) — Singapore’s central bank maintained its commitment to currency appreciation after the economy shrank less than estimated last quarter, forgoing stimulus as labor shortages and record home prices fuel inflation.… Continue reading →

Let’s Pretend That This Episode Is Over – Shutdown to Slowdown

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Tired of being buffeted around in the markets because of this debt ceiling deadlock, why not pretend it is over ? What’s next ? Shutdown to slowdown ?   US economic data has… Continue reading →

What Is This, America ? You Are Getting Richer ! : Secrets To Riches

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Contradictions are hard to bear. Median U.S. household income in 2012 is $51,017 a year, down from $51,100 in 2011 http://money.cnn.com/2013/09/17/news/economy/poverty-income/index.html vs The United States posted a fifth successive year of rises in… Continue reading →

Shadow Banking & Other Scary Stuff In Stock Markets

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I was reading a WSJ article on how a Chinese think tank estimates that shadow banking activities amount to about 40%of GDP last year. Within the article, it was mentioned that Fitch Ratings… Continue reading →

Lights, Camera, Action : ShutDown, Take 2

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When all hope is lost, Hollywood to the rescue. This is like the movie Armageddon or one of those Independence Day things. Bruce Willis saves the day ! Aerosmith in the background, girl… Continue reading →

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Bonds In Conversation : Nothing Like A Crisis To Get Things Done

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There is nothing like a crisis to get things done. Today India announces internationalisation of their currency, a move they had resisted for eons until the recent rout in their markets. As such,… Continue reading →

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Cut the Debt Ceiling ? And Other Thoughts

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Fun filled times with 2 sovereign defaults looming – Argentina and Puerto Rico. That is if we assume that the US will not default and assurances from professionals are that it will just… Continue reading →

Getting Rich On Penny Stocks ?

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Penny stock fever is in the air. Being fortunate to be acquainted with some people who actually make a livelihood trading in penny stocks in an amateur capacity, I sat down with a… Continue reading →