Investing & Trading
Budget 2017 revealed by Malaysian Prime Minister Najib Razak was both boring and interesting. It was boring because the scandal-hit Najib tried to hoodwink ignorant people that everything in the garden is still rosy. It was interesting because the shameless Najib finally admitted his administration has successfully dried the country’s treasures. When Najib trumpeted […]
... written on Oct 24 2016After more than doubling from 1982 to 1986, the Black Monday on October 19, 1987 finally sent stock markets around the world crashed. On that fateful day, The Dow Jones Industrial Average (DJIA) fell approximately 508 points to 1,738.74 (22.61%). The terms “Black Monday” and “Black Tuesday” are also used on October 19 and October 20, 1929 – the Great Depression. […]
... written on Oct 12 2016Deutsche Bank, a 146-year-old bank employing more than 100,000 employees is like JPMorgan Chase to the U.S. and Maybank to Malaysia. As Germany’s biggest lender, the “German Bank”, as Deutsche Bank literally means, is perceived to be too big to fail. But that was exactly what financial experts told everyone including their hamsters about Lehman […]
... written on Sep 30 2016Ahead of her first debate with Trump on Monday night at Hofstra University in Hempstead, New York, Clinton has proposed to raise taxes on inherited property – up to 65%. That is totally the opposite of what Republican presidential nominee Donald Trump wants to do if he gets to become the next President of the […]
... written on Sep 23 2016Bill Gross is worth US$2.4 billion, according to Forbes. Although that’s nowhere near Warren Buffett’s US$65.7 billion, Gross is a legendary bond investor who co-founded Pacific Investment Management Company (PIMCO) in 1971. The bond guru and portfolio manager at Janus Capital Management was of the opinion that it was a 50/50 chance that the Fed would […]
... written on Sep 22 2016Hamburger and hotdog have been the de-facto fast food for as long as one can remember. Globally, fast food generates revenue of over US$570 billion. In the United States alone, fast food revenue was a whopping US$200 billion in 2015 – a mind-boggling growth since the 1970 revenue of US$6 billion. While everyone knows […]
... written on Sep 21 2016There were talks about Trump’s assassination. And there were talks about “dragging and drugging” Clinton to the finish line – by hook or by crook. It doesn’t matter if Hillary Clinton collapses and dies, as long as she wins the November Presidential Election. Vice President Tim Kaine can take over as the new president representing […]
... written on Sep 20 2016Wells Fargo, the biggest U.S. bank by stock market value, was supposed to be one of very few American banks that people can trust. That’s because when the mortgage crisis hit in 2008, Wells Fargo was viewed as one of the good guys. After all, Oracle of Omaha – Warren Buffett – is Wells Fargo’s largest shareholder. […]
... written on Sep 16 2016Top oil producers Saudi Arabia and Russia made a joint statement at the G20 summit in China on Monday aimed at stabilizing crude prices. The joint statement was signed by Russian Energy Minister Alexander Novak and Saudi Energy Minister Khalid al-Falih. That alone should convince you to invest in oil immediately. Have you done that? […]
... written on Sep 06 2016When China set up a new bank – Asian Infrastructure Investment Bank (AIIB) – less than 2 years ago, world superpower United States wasn’t happy about it. The creation of AIIB on 24 October 2014 in Beijing – aims to support the building of infrastructure in the Asia-Pacific region – was seen as rival to World Bank […]
... written on Sep 01 2016
