New Bond Issues – Unusual Timing?
Just when we saw one of the worst weeks ever in US stock markets and thoughts of 2008 were racing through our minds over the weekend, we see the announcement of 2 new… Continue reading
Ad Hoc Commentary – China’s equity sell-off is driven by USDCNY outlook, not growth outlook; Yellen beware.
Probably one of the most misunderstood factor driving the equity markets is the impact of foreign exchange. In yours truly mind, the selloff in the Chinese markets has very little to do with… Continue reading
Ad Hoc Commentary – Saudi Arabia vs Iran, WTI should stay supported at 35
In our 2015 wrap-up, we mentioned that: “…Now that oil is at 35 dollars, we would likely see Saudi Arabia getting embroiled in some external geopolitics to distract the masses…” https://tradehaven.net/ad-hoc-commentary-wrapping-up-2015/ That… Continue reading
2016 Singapore Rates Outlook : Diminished Prospects Is Like “Alamak, It’s Buay Pai But Sian”
2016 requires a lot more contemplation than any year in the past decade, just in case you have not thought too hard about it, emerging bleary eyed from 2015 that had ended on… Continue reading
Ad Hoc Commentary – wrapping up 2015
Our outlook for 2015 can be found here: https://tradehaven.net/ad-hoc-commentary-2015-outlook-destroying-europe-and-another-bank-bailout/ We were pretty spot on except on the S&P500. But we remember that we got out of our S&P500 on late Feb: “…In… Continue reading
2016, By The Ghost Of Christmas Yet To Come
2015 is ending in one fine flux, on a bittersweet melody after the whipsaw love-hate years of “taper tantrums” since June 2013 which it was first broached. 30 months later in December 2015,… Continue reading
Ad Hoc Commentary – the Fed’s RRP as a template for financing the SDGs
While the majority was focused on the widely expected 0.25% rate hike yesterday, yours truly was more interested in the billions to trillions move on the Fed’s reverse repurchase program (RRP): “…Most notably,… Continue reading
2015 by The Ghost of Christmas Present
PHOTO COURTESY OF WILDLIFE PHOTOGRAPHER, SIMON GOODMAN *********** This post was written a week ago for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading… *********** 30,000 feet up… Continue reading
Ad Hoc Commentary – fintechs are probably the darling in the next two years
The probable Dec rate hike by the Federal Reserve would probably be interpreted as a vote of confidence from the Federal Reserve on the strength of the US economy. This is probably good… Continue reading
Singapore Bonds 2016 : The Unforgiving Monsoon
byThe markets are nearly as tragic as the weather in their worst start to any year if the Dow is anything to go by, notching its worst 5 day start ever on record,… Continue reading →