The most talked about topic for the past weeks has been the Indian current account woes and their worsening deficit etc which led to the rupee tumbling to historic lows. The irony is,… Continue reading
We saw a drop in Gold over the past 2 days but it cannot be touched because it is the only product so far the authorities will never allege to manipulation by anyone.… Continue reading
Sept. 11 (Bloomberg) — Shipping rates extended gains to the highest since 2011 as Chinese steel mills replenish iron ore stockpiles amid record output. The Baltic Dry Index, a benchmark for costs to… Continue reading
Largest Bond Deal Ever In History Verizon (Baa1/BBB+/A-) Sells $49b in 8-Part Offering, Largest Bond Deal Ever Verizon’s deal tops Apple’s 6-part, $17b offering. $4.25b 3Y fixed sold at+165bps $2.25 3Y FRN sold… Continue reading
Party on !!! It is Double Happiness !! With the exception of 2002, 2005 and 2010, the day after the Sep 11 anniversary has always managed to continued the rally of the… Continue reading
Our valuation systems have just been thrown off the scale ! It’s off the radar because HDB just launched a 5 year this morning at 2.365%. Do you have any idea what this… Continue reading
We have always known that Russians are better at chess than the Americans, God Bless the late Bobby Fischer. They waited and watched Obama and then made him look like Chicken Little last… Continue reading
It is September the 11th today. Strategists have finally found the time and the courage to look into the future now that the EM crisis is stabilising. Global Growth “US liquidity tightening has… Continue reading
Zico has been quiet of late and in unwind mode. It was hard for me to drag a stock tip out of him. But I did ! And here it is to be… Continue reading
Bye Asset Managers, Hello Liability Managers !
byPeople have been asking me what to buy and what to invest in and is it time to look at bonds and sell stocks, all raring to invest those bucks. As I was… Continue reading →