It is a conundrum that the Greeks would to go vote and subsequently reject a bailout package in a referendum only to accept one that is worse off later. Is that masochistic or… Continue reading
This post was written for http://www.hnworth.com, a site targeting high net worth individuals in Singapore. Have fun reading ! ******************************** I would sound pretty irrelevant or even irreverent if I did not mention… Continue reading
We had a weak start to the week as fears of a Greek default and exit from the euro zone weighed on broader markets. There was better selling across all sectors. In IG, we… Continue reading
“If you look at Greece, it’s not a major part of the economy of the eurozone as a whole. Most participants of financial markets are telling us that markets have already priced in… Continue reading
AAA bonds giving 25% returns ? Yes. You got it. US 30 year treasuries would be a tough act to beat this year. http://www.bloomberg.com/news/2014-12-11/u-s-30-year-bonds-head-for-best-year-since-2011-before-auction.html Chart of my favourite TLT US ETF that is… Continue reading
One good thing that emerged from the mini EM crisis that erupted in Jul, lasting into August is that markets have become more discerning over this whole EM business. The ensuing correction over… Continue reading
Merkelections did not give us a hung Bundestag as yours truly expected. The Germans instead handed Merkel a landslide, essentially giving the status-quo a landslide victory. However, the surprise strength of the Euro-skeptic… Continue reading