“Of all the hardships a person had to face, none was more punishing than the simple act of waiting” – Khaled Hosseini, A Thousand Splendid Suns Now the waiting is over, the much anticipated US Tapering will come into effect starting from January 2014. The Fed has decided to taper its quantitative easing policy by […]
ECB hikes key interest rate to 1.25%, Bank of England holds key interest rate at 0.5%
FRANKFURT – THE European Central Bank is raising its main interest rate by a quarter of a percentage point to fight inflation despite the debt problems afflicting Portugal, Greece and Ireland. The key refinancing rate is going up to 1.25 per cent from a record low of 1 per cent. LONDON – THE Bank of […]
“I hope, for your own sake, you have been buying commodities”
If you have heard from investment guru Jim Rogers, he once said, “Quantitative easing didn’t work the first time. It’s not going to work the second time. … All they are doing is debasing the currency. … I hope, for your own sake, you have been buying commodities. Let me tell you, currencies are going to […]
Federal Reserve announced QE2
The Federal Reserve launched a last-ditch effort to shore up the US economic recovery with a new $600 billion round of Quantitative Easing. The Fed’s first $1.75 trillion bond-buying program ran from December 2008 to March 2010. As widely expected, Republicans regained majority in the House of Representatives while Democrats kept control of the Senate. […]
Manage Currency Exposure of your Portfolio
Yesterday, Singapore dollar hit new all-time high against USD at 1.288. Today, Fed’s Open Market Committee (FOMC) will probably announce the Quantitative Easing II, which may further weaken the greenback. So what is the impact to us? As a Singapore investor, you would like to receive investment return in Singapore Dollar. Take a look at […]
When times are uncertain, multi-asset is the key
September was probably the best month for most equity markets. Both stocks and equity funds have regained their grounds and recouped their losses. Leading the winners were equity funds of South East Asia like Thailand and Philippines, which have surged more than 20% in the third quarter. Though falling behind other equity markets, the US […]