Serge Hochar of Chateau Musar, the iconic Lebanese winery, had a fatal accident over the New Year. Serge had been the chief wine-maker at Chateau Musar since 1959, taking over from his father,… Continue reading
What a way to start a new year, with our first default headline out of Kaisa Group over a small loan of $51.6 mio after the resignation of their chairman. (Bloomberg) — Bonds… Continue reading
The year is not ending on a high note for the MSCI EM Index despite hitting a 3 year high sometime in the 3rd quarter. We are closing the year lower than… Continue reading
Our outlook for 2014 can be found here: https://tradehaven.net/market/ad-hoc-commentary-2014-outlook-the-rise-of-russia/ As expected, equities did well, commodities did badly, and USD did well. However, bonds did not sell off as much as yours truly expected… Continue reading
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************* I am not sure when was the last time the topic of dividends… Continue reading
Boosts : Chinese Central Bank Mulls Bank Liquidity Rule Change People’s Bank of China is considering counting savings held by lenders for non-deposit-taking financial institutions towards bank deposits for purpose of loan-to-deposit ratio… Continue reading
Iron ore lowest since 2009. RBA Frustrated as Weaker Aussie Goal Thwarted (Bloomberg) — The Australian dollar is set for its first annual gain versus its major peers in three years as it… Continue reading
Announcement In the spirit of the season of giving, Tradehaven is launching our 2015 annual appeal for sponsors and donors, a request I find as unappealing as the unsavoury prospect of the troublesome… Continue reading
The astounding rebounds we have seen in the past week has been nothing but breathtaking and all the bulls are out in force in the streets with proclamations like the one below. “stocks… Continue reading
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. In it you can find my rates outlook for 2015. Have fun reading ! ******************* The annual confrontation… Continue reading
