Bonds In Conversation : The Day The Music Died (Updated)
I have a personal signal for market distress. 2nd hand Lamborghinis for sale. In the recent month, we have seen the listings jump a few fold. Someone told me long ago that… Continue reading
I have a personal signal for market distress. 2nd hand Lamborghinis for sale. In the recent month, we have seen the listings jump a few fold. Someone told me long ago that… Continue reading
After seeing stars in the past week, we saw a Full Blue and Red Moon last night. A Blue Moon is the third full moon in a season with four (most seasons have… Continue reading
*** NEW ISSUE: NAM CHEONG SGD 4 YR ISSUE *** Issuer: Nam Cheong Limited Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenure: … Continue reading
Decided to do some stats for the 2013 SGD corp issues. Out of the 87 or so issues this year, about 45 are under 100, another 24 trading above 100 and the rest,… Continue reading
It’s been a while since I pulled out those correlation tables and I was in a for an expected surprise. Yes. The correlations have broken down. The big basket-happy family trades have started… Continue reading
It feels like the end of the world is upon us here in Asia. Perspective. Equity hit hard because it is usually the last to go. Just look at Jakarta Composite down 11… Continue reading
Economic News Jun Retail Sales Ex Auto +2.6% YoY vs expected +3.3% Jun Retail Sales -4% YoY vs expected +2.3% Jun Retail Sales -6.9% MoM vs expected -1.8% Jul Electronic Exports -7.6% YoY… Continue reading
As we wrote in on Aug 2: “…Once every few weeks—the next time is Friday—Nippon Television Network Corp airs a Ghibli movie in the prime Friday evening spot. During the trading session after… Continue reading
Gold is like a religion. You are a believer or you aren’t. It all started with Gold in April and now this belief system is imposed on almost all asset classes. To believe… Continue reading
It started this morning with the Japan trade deficit. But look at the way 2 reports put it. NEGATIVELY “The trade data released by the Japanese custom office was worse than the market… Continue reading