Ignorance Is Bliss In Singapore Bond Markets
Over a chat with some smart people, I got to thinking how some people are too smart for their own good, not as an admission of any intellectual inferiority but plain commonsense that… Continue reading
The Business Times has spoken again, Singapore bonds are screaming happy days with the recent Commerzbank SGD Tier 2 issue 4 times oversubscribed, for the bond price to rally nearly 2%… Continue reading
7 weeks ago, we talked about the “aftershocks” after China pulled out all the stops. And back then we wrote, “What we have to look forward to ? 1. The side-effects of China’s… Continue reading
What a week and what a time for renewal. Renewed selling in Chinese stocks, renewed EM bashing, renewal in Malaysia with a fire that destroyed evidence and hopefully, they can start afresh, and… Continue reading
Yes. It is the 40th anniversary of Jaws, the movie. It been a week of dropping JAWS for sure, staring aghast at the Chinese stock meltdown and the subsequent breathtaking rally that surely… Continue reading
A mighty week not many people will remember very much of, happening so quickly in a relentless rally that is part of the major hangover of Japan and Europe. And until now there… Continue reading
I am taking the PM’s advice seriously – be paranoid. “Prime Minister Lee Hsien Loong says Singaporeans need to be “paranoid” and “aware” that someone could take their lunch away.” http://www.channelnewsasia.com/news/singapore/pm-lee-talks-popular/1439990.html No extra… Continue reading
Equities bounced back, Ebola forgotten, terror alerts dismissed and bond yields holding near their 1 year lows (except for Greece and Russia). I find myself unable to stick to a firm view with… Continue reading