Archive for March, 2009

Investment ideas for the man-on-the-street

March 29, 2009

The Monetary Authority of Singapore (MAS) would probably be revising the SGD downwards vis-a-vis the basket of currencies which it is pegged against. The main objective is to make Singapore exports more cost-competitive relative to other countries.
The implication is SGD should depreciate against other currencies … the Aussie, Kiwi and Won look particularly interesting to me [...]

Securitisation

March 28, 2009

This phrase has popped up several times over the course of the 18-month long economic downturn. I will attempt to explain this in layman terms.
In the simplest sense, the decision to securitise an asset involves monetizing or cashing out the assets to a 2nd party who may subsequently “package” or “bundle” the assets and sell them [...]

1Q down, 3 more Q to go

March 27, 2009

It has been sometime since I mused about the state of the economy.
Newsflow from the banking sector …  the unprecedented chessmove by Mr Tim G to create a suckerbank to mop up all the “toxic assets” of the investment banks to normalize trade and credit flows … have caused +/-5% swings in the stock market [...]