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A brilliant, and dead-on piece on the state of the financial world today, from the geniuses at the Onion. (In fact, better than any PhD economist could have come up with). From the Onion “Something About Tax Cuts Or Earnings … Continue reading →
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uncletrader 
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Bocker, during the recent SGX AGM, admits that the Singapore equities trade is roughly 1% (that’s one percent, which most CEOs of trading firms will call a rounding error) of Asia’s total trading value, implying that all that’s keeping the … Continue reading →
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uncletrader
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To probably fill up JP Morgan’s newly minted gold vault in Singapore Freeport, Ultra HNWI (aka unfuckingbelievably rich dudes/dudettes) are now moving heavily into gold (by the ton, according to some private bankers, but hey, what’s a ton between Rockerfellas?), … Continue reading →
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Now that FX is a roughly $4 trillion business DAILY, with central bankers being the trillion pound gorillas in the room, and moves global currencies 300 pips in either direction within seconds, Evans Pritchard has pointed out that the global … Continue reading →
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uncletrader
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More bling to Singapore. JP Morgan announces that it’s opening a gold vault in Singapore’s Freeport area, in order to provide well-heeled Goldfinger clients with the ability to diversify their gold holdings away from the sweaty hands of the US … Continue reading →
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In the end, it doesn’t really matter whether you’ve diversified into USD or AUD or MYR or stayed in SGD. Brazil confirms pretty much everything we need to know about the relative value of paper currencies – that every government … Continue reading →
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uncletrader
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Sounds of coffee shooting out of thousands of nostrils throughout Singapore shattered the early morning calm of a lovely Sunday morning, as HDB would-be owners discovered that – smack on Page 2 of the Sunday Times – HDB’s recent “no … Continue reading →
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uncletrader
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For you retail punters who are still wondering why huge bids appear and disappear without getting done for perennial favorites like Golden Agri and Genting (aka in HFT parlance as ‘quote shaping’), here’s Sivanathy from BT explaining the basics to … Continue reading →
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uncletrader
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Yet again, due to the lack of any independent view on the Singapore property market, the media (and the Singapore public in general) hangs on to every view emanating from the very pushers who want desperately need the property market … Continue reading →
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uncletrader
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We consider ourselves pretty cynical in the ways of the world, and have been generally unsurprised by the increasingly chasm-like growth in the Gini coefficient. Yet, Charlie Munger (Vice chair of Berkshire Hathaway), came up with some classic “let them … Continue reading →
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uncletrader
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Gotten some interesting comments (from disaffected pilots?) after our earlier posting came out on Tiger’s customers having a 1 in 6 chance of being cancelled on, which we thought should be posted here for some confirmation, and discussion. First, from … Continue reading →
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uncletrader
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China FTW! We don’t think. Charles Hugh Smith has a nice little summary of the reasons why the decoupling cult – which has seen a resurgence in recent days (especially amongst sell-siders, desperately looking for churn ideas amidst the barren … Continue reading →
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uncletrader
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Demonstrating yet again why public sector organisations are the ultimate trend followers (instead of telling us anything that we could actually take some action on), the Chief Economist from IMF is ‘predicting 217; dire consequences for western democracies that have seen … Continue reading →
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uncletrader
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Everybody’s favorite pamphleteer, Michael Moore, has pitched in on the Ground Zero ‘mosque’ controversy. To sum up his thoughts: It’s a community centre, not a mosque. The local Jewish community helped the Muslims organize their plans for the centre. Five … Continue reading →
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uncletrader
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In case you’ve bought into the hopium dispensed daily by the American leaders (and its paid-for-TV-brochure s), here’s a nice little blog for balance, which aims to put into pictures what can’t be described in words (I’ve always found that the … Continue reading →
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uncletrader
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Just in case Singapore retail investors need any reminder of what a algo-driven broken system looks like as applied to the stock market aka 3rd IR, here’s BT chiming in with “Declining volume must be worrying the bulls”. For those … Continue reading →
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uncletrader
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Having decided to dump Chip Goodyear, Temasek now turns its monetary guns (in collaboration with Sinochem, of course) against Chip’s former company – BHP Billiton. BHP’s ramping up of its good cop/bad cop bid for Potash, the world’s largest fertilizer … Continue reading →
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uncletrader
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Student loan debt has now overtaken credit card debt as the number one financial baggage for American youth. It’s a chilling reminder for those of us in Singapore, who are still running hard in the rat race to save enough … Continue reading →
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RBS has just released a quick broker call on Tiger Airways, summarizing what many Tiger customers are already aware of: that the odds of flights being canceled are just a wee bit higher than the odds of losing at the … Continue reading →
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uncletrader
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From the article in BT today, real estate agents across Singapore are now not only praying, but actively encouraging, PRs to lie about their private home ownership status back home in a bid to staunch the bleeding gut-shot that the … Continue reading →
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uncletrader
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