Ad Hoc Commentary – listen to the bears
There is a time for everything under the sun. Now is the time to listen to the bears. Our favorite barometer of risk, the Dow Jones Industrial is at the top of the… Continue reading
There is a time for everything under the sun. Now is the time to listen to the bears. Our favorite barometer of risk, the Dow Jones Industrial is at the top of the… Continue reading
SGD 8 billion worth of corporate papers issued since Jul 1, some over 10 times oversubscribed. I cannot help but feel little alarm bells ringing at the back of my head. By far,… Continue reading
The Election 6 November, Tuesday. I have finally distilled the essence of my feeling about Obama. It would appear POLITICALLY INCORRECT NOT TO VOTE FOR OBAMA if I was an American. Voting for Obama would… Continue reading
This is a short post because I am tired of all the feel good propaganda last week about Singaporeans being the richest in the world now and by 2050; healthiest as we speak;… Continue reading
17-Aug-12 Bloomberg Singapore Bonds Beat Peers in Shrinking AAA Pool: Southeast Asia Slap me because it must be a bad dream within the pipe dream of our lives. The headlines are unrelenting. First,… Continue reading
I suppose between 0.25% and 0%, some of us may not even blink at our account balances. At work, in a bank, folks would scream blue murder at that because a 0.01% move in… Continue reading
2012 would perhaps be remembered as the year of two halves. In the first part we welcomed the auspicious Chinese Dragon. We are now moving to the very much hyped return of the… Continue reading
They say traders do not make the best investors. Agreed. I am hardly a good investor because nothing I ever buy, I hold for long. Although there are some personal investments I have… Continue reading
I will try hard to keep sardonicism to a minimal here and withhold all sarcasm completely for a simple, matter of fact write up. That retail bonds are but a small subset of… Continue reading
Yields are a tough business. Thank God for Excel and Bloomberg. There I said it. Do not ask me to compute yields off paper or even a calculator. Because I cannot. So what… Continue reading