Wall Street suffered a bloody nose on Friday but investors can seek solace that US assets are looking attractive. Certain events confirmed that hot funds are plumping for US assets and some momentum trading is underway. In a volatile investment climate, the most dangerous place may actually turn out to be the safest.
Firstly, the US […]

Hurricane Gustav is set to bring cheers to the battered oil and commodities market as it heads towards the Gulf of Mexico. Oil prices briefly touched $119.63 per barrel on the New York Mercantile Exchange before falling back to $118.15 a barrel Wednesday.
What is the possible extent of damage from Hurricane Gustav? In 2005, Hurricane […]

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Update on Oil — Global Demand Estimate Raised AGAIN!
Funniest Video You’ll See Today: “The Front Fell Off”
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In real life, expenses are pretty straightforward. Anything which constitutes an outflow of money to pay for a product or service is deemed as an expense. For accounting students, an expense is recorded when an asset is used up and a liability recorded. Simple, right?
However, there are instances when you struggle to answer this question: […]

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Manipulating earnings
CHART OF THE DAY: THE HUGE EARNINGS REBOUND
EARNINGS CONTINUE TO OUTPERFORM
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The global economy is headed for a recession and the stock market decline is well underway - investors will not touch stocks with a barge pole. I do not foresee a stock market crash for SGX nor embattled Wall Street, but it is certainly a period of financial destruction if we are not careful.
At this […]

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The Bearish Case For Equities
CHART OF THE DAY: CAN BLOGS HELP YOU INVEST?
And You Thought Roubini and Faber Were Bearish
Read more on Blue Chips, Bear market at Wikinvest

The Straits Times Index fell 20.52 points Monday to close at 2,776.98, volume was a trickle at 948 million, while gainers/losers stand at 157/371.
As second-quarter earnings filtered in, we saw that most companies fail to impress with slowing sales and profit margin as compared to last year, and expectations for financial year 2008 had been […]

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Even the Dead Cats Aren't Bouncing
CHART OF THE DAY: ARE HOME PRICES FALLING AGAIN?
The Worst Is Not Over
Read more on U.S. Housing Market at Wikinvest
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