Good EM, Bad EM
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
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
CLIFFORD CAPITAL US$ 5YR GUARANTEED NOTES: GUIDANCE T+57-60 ** Issuer: Clifford Capital Private Limited Guarantor: The Government of Singapore Guarantor Ratings: Aaa / AAA / AAA (Moody’s / S&P / Fitch) Expected Issue… Continue reading
Singaporeans are a suspicious lot. Give them a high yield, under subscribed issue and they will run. If you give them a low yield, over subscribed issue, its ok even if the bond… Continue reading
Economic News 3Q13 GDP -1% QoQ vs expected -4% 3Q13 GDP +5.1% YoY vs expected +3.8% Aug Retail Sales Ex Auto +1.4% YoY vs expectec +2% Aug Retail Sales -7.8% YoY vs expected… Continue reading
Oct. 14 (Bloomberg) — Singapore’s central bank maintained its commitment to currency appreciation after the economy shrank less than estimated last quarter, forgoing stimulus as labor shortages and record home prices fuel inflation.… Continue reading
Contradictions are hard to bear. Median U.S. household income in 2012 is $51,017 a year, down from $51,100 in 2011 http://money.cnn.com/2013/09/17/news/economy/poverty-income/index.html vs The United States posted a fifth successive year of rises in… Continue reading
Penny stock fever is in the air. Being fortunate to be acquainted with some people who actually make a livelihood trading in penny stocks in an amateur capacity, I sat down with a… Continue reading
Economic News Aug Electronic Sector Index 51.3 vs expected 50.5 Aug Purchasing Managers Index 50.5 vs expected 51.9 Aug Foreign Reserves $261.87 bio vs previous $261.1 bio IRS Light week in rates for… Continue reading
” Sept. 2 (Bloomberg) — Singapore stocks tumbled by the most among developed markets last month as investors pulled cash from Southeast Asia on concern about the future of global stimulus.” Caught between… Continue reading
To be read with a pinch of salt and huge dose of compassion. Introduction Growing up with the bond market when Singapore was just a wee player in the big ball park,… Continue reading