ad astra per alia porci


The Economist – 24/08/07
August 21, 2007, 10:02 am
Filed under: current affairs

The Economist – 24/08/07 Continue reading

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The Economist – 17/08/07
August 18, 2007, 8:11 am
Filed under: current affairs

The Economist – 17/08/07 Continue reading



Jim Cramer’s Mad Money
August 11, 2007, 5:10 pm
Filed under: investments/finance/economics

Personal notes from Jim Cramer’s Mad Money Continue reading



The Economist – 10/08/07
August 10, 2007, 7:41 am
Filed under: current affairs

The Economist – 10/08/07 Continue reading



From Wall Street to the Great Wall – How to Invest in China
August 7, 2007, 3:38 pm
Filed under: investments/finance/economics

Personal notes from From Wall Street to the Great Wall – How to Invest in China by Jonathan Worrall and Peter O’Shea Continue reading



the skies have opened and data rains from the blue above
August 6, 2007, 3:53 pm
Filed under: diary, investments/finance/economics

06/08/07

The STI dropped 3.7% today while I was at my inauguration ceremony. I was already feeling a bit uneasy about not being able to check out my portfolio at the start of the week and I rushed home the moment everything was over and done with. A little bit of worry was simmering somewhere in the recesses of my heart throughout the day and I had a hunch that today would be different; my premonitions were justified when I opened my Shareinvestor account to check my portfolio. Most surprisingly bank stocks fell and this might be an indication of changing investor sentiments. Subprime was always a possible banana peel but I never thought it will be so bad that it can affect Asian markets. However there are worries that Singaporean banks own a substantial amount of CDOs and that the subprime debacle will hurt them.

My question is why Chinese stocks listed on the SGX fell, together with a whole bunch of Singaporean counters which have no easily deduced relation with bank stocks. Fundamentals have not changed but prices are falling. Is this the start of a sustained fall? I am quite doubtful.

On a brighter note, I found a fabulous source of economic, financial and business data. Borrowing Jim Cramer’s pet expression, BOOOYAAAAHHH!



Business Times – 06/08/07
August 6, 2007, 11:19 am
Filed under: current affairs

Business Times – 06/08/07

S’pore shares plunge 3.7%

OCBC sees no big impact from CDO exposure

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