This interesting article by Rupert Walker for Fund Selector Asia may be of interest to my partners and clients. The findings of the Swiss bank’s study reveal a big gap between intentions and actions among Apac’s wealthy families. Here is a section: Wealth preservation and risk aversion are the main concerns of high net-worth individuals…
The investor’s black belt
Tae Kwon Do (TKD) is the art of self defense that originated in Korea. It is recognized as one of the oldest forms of martial arts in the world, reaching back over 2,000 years. The name was selected for its appropriate description of the art: Tae (foot), Kwon (hand), Do (the way). TKD utilizes both…
The Fed is done!
A Reuters story on the Federal Reserve’s latest policy decision landed on my terminal. Well, there was no surprise at all and I actually really wasn’t expecting too much. Indeed, the powerful Federal Reserve kept their rates steady at a 22-year high. As expected, Powell acknowledged the progress we have made so far in returning to…
Feeling the heat
A Bloomberg article on the Japanese Yen captured my attention while I was checking some quotes for a trade. I can tell you that a number of macro traders on my radar have been busy moving around trying to take advantage of the dollar moves especially the USD/JPY pair. The Yen depreciates sharply against the dollar…
It is time for “scary” predictions
Halloween’s origins can be traced back to the ancient Celtic festival known as Samhain, which was held on November 1 in contemporary calendars. It was believed that on that day, the souls of the dead returned to their homes, so people dressed in costumes and lit bonfires to ward off spirits. Halloween is here and it’s…