Vote wisely.
Archive for March, 2023|Monthly archive page
Will another European bank need to be rescued this coming Friday?
In Banks on 27/03/2023 at 5:02 amDeutsche Bank had a bad week. Friday was particularly bad.
Bitcoin up 70% as banks fail
In Banks, Cryptocurrency on 25/03/2023 at 3:41 pmBitcoin’s price has appreciated by over 35% since Silicon Valley Bank collapsed on March 10, while the Nasdaq Composite Index has traded up less than 5% over the same period. Bitcoin’s price is up nearly 70% in 2023.
Paper investors/ traders
In Financial competency on 22/03/2023 at 8:28 am
I’m sitting this one out. Was catching falling knives in 2020.
Accepted Boustead Projects takeover (daylight robbery) because I’d rather have the cash than own illiquid shares in a construction co in a tightening economy: Boustead Projects: NAV is a lot of BS Cont’d
Might even get chance to buy Boustead S’pore at bargain basement price (below 70cens) later this year. Poetic justice for screwing me.
Cognitive Dissonance
In Energy, Financial competency on 20/03/2023 at 8:35 amSGX-listc, Rex International Holdings, an oil and gas exploration company leads the FT’s 2023ranking of 500 high-growth Asia-Pacific companies with an impressive 630.17 per cent compound annual growth in revenue over the three years to 2022, Energy prices helped
But it’s a stock market dog over the last three years. LOl
Credit Suisse: It’s at 11
In Banks on 19/03/2023 at 3:51 am
The above reminds of a conversation about guitar amps:
Marty DiBergi : Why don’t you just make ten louder and make ten be the top number and make that a little louder? Nigel Tufnel : [pause] These go to eleven.
This is Spinal Tab
British is best in class, even better than Swiss
In Banks on 16/03/2023 at 11:59 amEven the Italians are less dodgy than the Swiss, French and Germans.
Investors sell-off European bank stocks
Time for the Saudis, Russia and and the Americans to cooperate
In Energy on 16/03/2023 at 7:00 amOil prices are tanking
Why the US had to rain on Michelle Yeoh’s parade
In Financial competency on 15/03/2023 at 3:52 amIt’s not because the mamas asked the US to spoil the East Asians’ triumph but because
Can’t help feeling sorry for Michelle Yeoh
In Uncategorized on 14/03/2023 at 6:35 amShe puts the mamas in their place by being the first ethnic Asian to win the best actress award. And her team adds insult to injury bt making sure that it’s an all East Asian sweep.
And what happens?
The Fed and allies saves the world on the same day.
Btw, my friend was her school mate in the Ipoh convent school. Could have even been in the same class.
How to stop worrying whether we in bull or bear market
In Financial competency, Financial planning on 05/03/2023 at 6:20 am[T]hink of sectors you’d want to be invested in whether markets turn bearish or bullish”.
FT’s Adventurous Investor aka David Stevenson
Now this is the really difficult part. He advised investing in the healthcare.
Anything else?
Almighty dollar
In Financial competency on 03/03/2023 at 4:01 pm“Our dollar, your problem,” a US Treasury Secretary said in the 1970s. Obviously the world is happy to have the $ as a problem.
HK/ S’pore: A Tale of Two Cities in charts
In Economy, Hong Kong, S'pore Inc on 02/03/2023 at 6:11 am
War? What war?
In Commodities, Energy on 01/03/2023 at 3:45 amGas (and oil) and grain prices back to pre “Special Military Operation” levels.
But not interest rates
Thoughts of a Cynical Investor 