Singapore Equity: Sinarmas Land

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Company Name: Sinarmas Land Share Price: SGD 0.610 Market Capitalisation: SGD 1.84b Sinarmas Land is the holding company of Bumi Serpong Damai, the largest property company in Indonesia by market cap and sales.… Continue reading

Ad Hoc Commentary – the ECB QE will probably lead to more deflation

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Since ECB will announce QE for the Eurozone today, it is a good time to review Irving Fisher’s MV=PQ equation: “…The equation that matters most in QE is Irving Fisher’s MV = PQ.… Continue reading

Lessons of 2015 : Faces of Fear

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What have we learnt in the short span of the first 3 weeks of 2015 besides the different faces of fear ? Our heads and hearts started the year with oil prices, interrupted… Continue reading

Ad Hoc Commentary – tax for war-on-inequality or war-in-Middle-East?

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“…President Barack Obama tonight will declare the U.S. economy healed and say it’s now time to close the gap between the wealthiest Americans and the rest of the country…””…Last week, in a meeting… Continue reading

Bond Focus : To Kill The Fatted Calf

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Gone are concerns on oil prices and the topic of discussion is now on the Swiss National Bank and their very abrupt decision to remove the Swiss Franc’s peg to the Euro currency… Continue reading

FX THOUGHTS : THE WHIPPING BOYS AND LOSERS

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Lessons of 2015 – Pegs Are Not Forever But do not worry about Hong Kong yet. Who has been the biggest loser of all in this CHFEUR peg’s unpeg ? SWITZERLAND !!  of… Continue reading

Singapore Equity: Compact Metal

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Greetings everyone, I am Gallen and very happy to join the list of contributors to this informative and wonderful site! As the other guru contributors are already providing great insights on macro and… Continue reading

AUD & USD Asian Bond Prices Update

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Asians and Australia should be relatively shielded from the Swiss debacle. Yet the effects will continue to reverberate as we hear of more casualties with new announcements daily like this one today. “Marko… Continue reading

Bonds In Conversation : Mad Men, Rich Men, Poor Men

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I am peeved off because the entire document which I had painstakingly typed for the weekly has been wiped out and there is no way to retrieve it. This is a brief rehash… Continue reading

Ad Hoc Commentary – EURCHF madness

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Just exactly about six months ago, yours truly attended a course and there was someone from the Swiss National Bank (SNB) there. Over lunch, yours truly asked what they are going to do… Continue reading