An Obituary For QE + QT = QF ?
First they cut and cut until there was nothing left to cut. Then they bought and bought till the yields turned negative and we mean 40% of Europe government bonds are now yielding… Continue reading
Ad Hoc Commentary – China is overreacting to Soros, should shed light on currency policy instead
“Lee has a toy factory. He sells his toys in equal volumes to Jacques and Joe. One day, Jacques committed suicide, and Lee soon lost 50% of his export market. Lee soon ran… Continue reading
Immature Markets ? Monkey Trading ? Look Who Is Talking ?
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** On the off chance that some readers may not be aware that we… Continue reading
All Hail America – Going Into The US Primaries
President Obama said in his final State of the Union address last week that the U.S. has the strongest economy and they are by far the strongest nation on the planet, adding that… Continue reading
Ad Hoc Commentary – Yellen’s Dec 2015 rate hike is NOT a repeat of Trichet’s Jul 2008 rate hike
“…In July, 2008, on the eve of the biggest financial crisis in memory, the European Central Bank did something both predictable and stupid: it raised interest rates. The move was predictable because the… Continue reading
Random Market Thoughts : Time For A Selfie
Running scared, worried, troubled or sleepless as you watch the market systematically decimate your Keppel blue chip stock without pausing to take a breath for the first 10 trading days of 2016 ?… Continue reading
No Surprises for Australia
Let’s do a 12 month review of the situation in the US. 12 months ago, there was some element of hope. 12 months later, ugly is a better word, if we note the… Continue reading
Ad Hoc Commentary – junior doctors will probably be one of the first to be computerized
In our wrap-up for 2015, we briefly mentioned that the awakening of robots will be the main drama of the coming years: “…Productivity gains in both white-collar and blue-collar work would surprise many.… Continue reading
NEW ISSUE: DBS GROUP HOLDINGS SGD 12NC7 TIER 2 NOTES
So with global macro conditions stabilizing a bit, we have our first notable S$ issue of the year: ***NEW ISSUE: DBS GROUP HOLDINGS SGD 12NC7 TIER 2 NOTES*** ISSUER: DBS Group Holdings Ltd… Continue reading
Year of The Monkey Market Advice : To Tame That Monkey Mind
by“Buddha described the human mind as being filled with drunken monkeys, jumping around, screeching, chattering, carrying on endlessly. We all have monkey minds, Buddha said, with dozens of monkeys all clamoring for attention.… Continue reading →