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Again, a disclaimer: I get a few cents from EWI for recommending this stuff. But again, I have to say that this is absolutely FREE to you, for something which is worth at least a few hundred dollars in value. Covers everything from the US to Asia to Europe, covering equities, currencies, interest rates, and ...
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FT notes the lack of activity going on at Keppel harbour, in “Vulnerable Singapore reflects a picture of inactivity”From the palm-fringed beaches of Singapore ’s east coast, i …
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Bankers must be wondering: what the hell does it take to get Singaporeans to spend spend spend? Today’s article in BT “Wages rise, debts slow and S’poreans get richer” is the kind that riles up loans managers, making them thump conference tables at meetings with trembling sales guys, demanding to know why stretch targets can’t ...
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In this new, more xenophobic, economic reality, all it takes for China manufacturers to get hit with a 438 percent duty from the US Commerce Department is to not know how to read American.From Reuters “US sets duties on China steel goods as cases mount”:The United States said on Tuesday it set preliminary duties ranging ...
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Singapore’s ‘jobloss recovery’ gathers momentum. From the glowing inches generated by Singapore’s main stream media on Q3 labour numbers released by MOM, the casual reader might be tempted to plow his bets into an economy that’s “turned the corner” and “definitely out of a recession”. But upon further reading, he/she might …
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To get the straight dope, it’s always worthwhile hearing from drug pushers on how 1) drugs are good for you, and 2) their drugs are better than any other run-of-the-mill dope out there in the market. So with that, I give you Liew Mun Leong’s treatise on why you should ALWAYS go long on China ...
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Scott Brown, the new GOP Senator in MA, should be proud. His win has now pushed Obama into a succession of kneejerk populist reactions to show that the POTUS is doing something, anything, just to demonstrate that he’s doing something, anything. And, since banksters have bought and owned everyone in the Senate and Congress, which ...
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If this doesn’t send you running to Bukit Timah Hills, then nothing will. Despite the fact that S-chips make up 5% of the main board’s market cap, they now make up 15.4% of total trading volume in Jan. These guys are punching 3 times above their weight class, and I have a sneaky suspicion that ...
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The GFC is so 2007. For 2010, the fashionable new term is the SDC (aka Sovereign Debt Crisis aka Government Three-Card-Monty aka ‘Taxpayers will bend over…Again. 217;).Roubini (Doc Doom himself) in Forbes, on “The Coming Sovereign Debt Crisis”In 2009, downgrades and debt auction failures in countries like the UK, Greece, Ireland and Spain were a …
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Obama’s decision to politically fix himself to an end date for pulling out of Afghanistan is “brave”, and makes the assumption that Afghan mujaheeds hiding in the caves of Tora Bora don’t have broadband. We’re betting that, as of right now, Al-Qaeda operatives are logging onto Expedia.com and booking 18-month long furloughs in sunny Dubai ...
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It doesn’t get any clearer than this. Bloomberg reveals the secret decision of the prez of NY Fed, Lil Timmy G himself, to pay AIG’s swap counterparties – Goldman, Merrill Lynch, SocGen and DB – at PAR to retire protection, despite most of the CDOs being toxic crap. (As a comparison, Ambac paid Citi 60 ...
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Michael Pettis, one of the more clear-headed thinkers on the China-US trade relationship, has weighed in with his thoughts on why the odds of a trade war between China and the US are shooting through the roof. In summary, he … Continue reading →
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In the spirit of the Year of the Tiger, which has turned out so far to be a “Worse Than Expected” kind of year, I present to you more Debbie Downer moments, courtesy of Simon Schama in the FT “On the brink of a new age of rage“ Far be it for me to make ...
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Forget about reading any of the advertising flyers issued by the in-house economists and sell-side analysts. As a public service announcement, I’ve put together a statement that basically summarizes everything a bull needs to know about the Singapore stock market: “Singapore is now solidly in positive growth territory, with April exports going up by 29%, ...
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Warning: graphic scenes of “collateral damage” in attached video. (Those of you eagerly awaiting Kratos’ 3rd coming in God of War 3, then this should be piffle for you.) Otherwise, I would humbly ask that for just a couple of fucking minutes, all of us could stop slurping down the blue pill for once in ...
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Time for your Monday morning red pill. Just in case anyone still thinks the US has a moral reason to be in AfPak, perhaps this article will help remind us all that “it’s all about the KPIs”. Think Mcnamara and the body-count targets that grunts were required to hit (haha).From NYT “U.S. Admits Role in ...
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Thanks to recent FOIA revelations, we now know that Goldman Sachs the vampire squid wasn’t the biggest beneficiary from the taxpayer funded bailout – it was SocGen, who received USD2.5B more. Old Europe shows that when it comes to sucking from the teat of Mammon, the Americans still have a thing or two to learn ...
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Indonesian kingpins, Burmese generals and now Bangladeshi politicians? It’s almost news du jour now that regional governments, desperate to bring illegally stashed, and much needed dollars, back into their respective economies, tend to end up sniffing around Shenton Way.From today’s BT “S’pore dragged into Dhaka cash probe, son of former Bangladesh PM …
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