Saturday, 30 August 2008

STI View by AmFraser

STI in early stages of bottoming out process for 2008 that could drag till October before a sustainable year-end/new year rally sets in.

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Recovery in the US is still distant

None of the preconditions for US recovery are in place
  • Debt has not yet been repaid.
  • Physical property market not yet stabilised.
  • Labour market not yet stabilised.
  • Rate increases not needed as wages are subdued.
  • Rate cuts not my central case but cannot be ruled out (hardening lending attitudes mean NBPS will not benefit).
  • Further financial pressure should be expected.
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US needs to reduce reliance on Asia’s money

INTELLIGENCE reports. Unemployment statistics. National-security estimates. Political polls. World leaders sure have their hands full digesting reams of data. The next US president should add this to his must-read list: the Federal Reserve’s H.4.1 table.

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Asian market fallout set to get far worse

Property, stocks will be hit bad as foreign capital is pulled: symposium speakers

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Is Gold about to decouple?

Gold has moved with the € and in the opposite direction to the US$ for months now. The main reason is because U.S. Investors have linked the performance of the $ to the € as a true reflection of the $ currency value. Of course this implies that the € is the defining currency against which to measure the performance of the $. But is that even reasonable? We think not.

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Hands-on mums ‘the best tutors’

CHILDREN whose mothers help them with their studies and communicate regularly with their teachers are more likely to do well in school examinations, a study has found.

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Fire Bernanke, Hire Trichet: Jim Rogers

“Maybe in 20 years we will have 29-year old farmers driving Maseratis instead of 29–year-old investment bankers driving Maseratis,” he said.

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Friday, 29 August 2008

HSI Put F5LW.SG



I like to see this warrant testing the upper BB at 0.470 on Monday.

West's White Trash Hypocrisy

When you criticise China, it's called freedom of speech. When you praise China, you lose your job.

A Chinese woman working at Germany’s DW-Radio has been suspended from her job following remarks she made in the media on human rights and other issues in China, the German press has reported.

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Orchestra admits ‘miming’ at Sydney Olympics in 2000

SYDNEY (AFP) - - Eight years after it hosted an Olympics that were famously hailed as the “best games ever,” Sydney has had to confess that it faked one of the key musical performances at the opening ceremony in 2000.

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Be the Reason for Somebody’s Happiness

The most beautiful thing is to see a person smiling. And even more beautiful is knowing that you are the reason behind it!

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Thursday, 28 August 2008

Economy’s Surprise Growth Isn’t Expected to Continue

The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home. But economists don’t expect the sudden surge to last.

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Pope angry over crucified green frog sculpture



“Art must always be free and the artist should not have any restrictions on freedom of expression,” Claudio Strinati, a superintendent for Rome’s state museums, told an Italian newspaper on Thursday.

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Shanghai police to shame jaywalkers on television

Shanghai police will post photographs and videos of jaywalkers in newspapers and on television in a bid to shame them out of breaking traffic rules, local media reported on Thursday.

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Buffet Rumours Trigger A-share Tremors

The rumour that vastly successful US investor Warren Buffet,worshiped the “God of Investment” in China, planned to sink $500 million into a Chinese company, but was refused, has triggered a round of speculation in China’s stock market, pushing some companies’ share prices up despite the slumped market. It seems China’s A-share investors are now sensitive to any news or rumours.

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Anwar is back

Video

Anwar, you have my utmost respect for "never say die" attitude.

Asian debt offerings facing a global crisis of trust

An expected deluge of Asian debt offers in September runs the risk of turning into a mirage as issuers grapple with a severe global crisis of trust.

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Mainlanders see prestige value in HK

Buyers have been known to view a HK$100m-plus property for 10 minutes and decide on the spot to buy it - in cash

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Cheap Chairs

Wednesday, 27 August 2008

Polygamy is the key to a long life

Want to live a little longer? Get a second wife. New research suggests that men from polygamous cultures outlive those from monogamous ones.

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Life is short. Have an affair to prolong life?