I have been staring at this chart for some weeks now. Frozen into inaction, for a good reason too. I was born in Malaysia but am Singaporean now, loyalties to both sides and… Continue reading →

It is starting to feel like the last breath from a dying fish. source : wikipedia I find it hard to be remotely optimistic when each Friday I see someone leave the bank,… Continue reading →

Yours truly decided that he can’t change being made redundant, but he can change the way he feels about it. So, instead of wallowing in self-pity, here is the usual commentary to a… Continue reading →

As bearishness takes over the mainstream, we notice that Dow respected the 50dma and 200dma two nights ago. That would likely signal the ability of the market to make a comeback in Aug… Continue reading →

The bond vigilantes had been relentlessly attacking Italy in the past few weeks. As we noted before, Italy is not Portugal and thus they need to act. Portugal can go from 3% to… Continue reading →

Hans Christian Andersen, The Snow Queen.  “a magic mirror that has the power to distort the appearance of things reflected in it. It fails to reflect all the good and beautiful aspects of… Continue reading →

    There is a drought covering the most land expanse in America since 1956 that even Paul Krugman found reason to write about last weekend. http://krugman.blogs.nytimes.com/2012/07/20/the-burning-land/?smid=tw-NytimesKrugman&seid=auto 23-Jul-12 The Economist American farmland is… Continue reading →

Generally Eastern lies ? I am about to buy myself a universal life policy. It is a pretty cool product whereby you, the life assured, pay a lump sum of about 200k upfront… Continue reading →

Source : http://photography.nationalgeographic.com/staticfiles/NGS/Shared/StaticFiles/Photography/Images/POD/h/hudson-bay-polar-bears-492328-sw.jpg Its almost August and time to panic over Singapore rates again. ( I feel a bit pathetic sitting here and writing this on Sunday when my best friends are jetting… Continue reading →

Ever since the libor fixing debacle brought down Bob Diamond of Barclays, regulators everywhere are on a crusade to investigate rate fixing. This flurry of me-too investigation got some of us to believe… Continue reading →