Being Rich When Everyone Else is Richer = Inequality = Get Ready For the Rich Tax

by

Hey, I think we are all being very unfair to Janet Yellen. Because most of us are richer (or not poorer) and a lot of people could be a lot poorer if not… Continue reading

Equity Tuesday : When The Bulls And Bears Collide

by

Long live Hindenburg ! The Hindenburg Omen reared to life on 18 September, the Ali Baba ipo day,  and did not disappoint with a market crash that was supposed to happen between 18… Continue reading

Fx Thoughts : It’s Not Ebola, It’s All About QE-la

by

For the volatility and finger pointing last week, Greed reared its pretty head, taking only 1 comment from a non voting (till 2016) member of the FOMC to get the markets back to… Continue reading

SGD New Issue Review : Swiber Holdings 3Y Sukuk (Updated)

by

NEW ISSUE: SWIBER SGD 3 YR ISLAMIC TRUST CERTIFICATES*** Issuer:  Swiber Capital Pte. Ltd. Obligor: Swiber Holdings Limited Wakeel: Swiber Holdings Limited Status:  Unsubordinated, Unsecured Trust Certificates Rating: Unrated Format: Reg S, S274… Continue reading

SGD New Issue Review : Tee Land 3Y 6.5%

by

NEW ISSUE: TEE LAND SGD 3YR Issuer:  TEE Land Limited Status: Senior, unsecured Ratings:  Unrated Format:  Reg S, Bearer, S274 & 275 of Singapore SFA; Issuance off S$250 Million Multicurrency Medium Term Note… Continue reading

Zico Files : Corrections – they come and go

by

Corrections are part and parcel of the life as an investor – they come and the go. In the week that past, there is always that “end of the world” feeling which often give rise to… Continue reading

China Focus : The Political Destiny

by

19 October : Comet Siding Spring set to whizz close to Mars (and disintegrate in the process) after flying about for the past 4.5 bio years (same age as Earth) from the outlying… Continue reading

Australia Focus : The Aboriginal Walkabout

by

The Walkabout defined by Merriam Webster. “a short period of wandering bush life engaged in by an Australian Aborigine as an occasional interruption of regular work”  http://en.wikipedia.org/wiki/Walkabout   My dad uses the word… Continue reading

Bonds In Conversation : Saving Is Good, Borrowing Is Bad

by

A mad week with markets suffering a huge loss of confidence in almost everything except the safest of stuff which is the irony because the less yield hungry you were, the more rewards… Continue reading

SGD New Perp Review : Ascott Residence Trust 5%

by

Issuer:  DBS Trustee Limited in its capacity as trustee of Ascott Residence Trust Issuer Ratings:   Baa3 (Moody’s) Issue:  SGD Subordinated Perpetual Securities Issue Ratings:   Unrated Format: Regulation S and Sections 274 and/or 275,… Continue reading