Houston, We Have A Problem
* Pay Me To Take Your Assets: Yesterday, US West Texas Intermediate (WTI) crude futures closed at a negative USD 37.63 per barrel (bbl) [yes,...
380 Views
Singapore Stuck in a Low-Growth Equilibrium in the Absence of Monetary and Fiscal Stimulus
Singapore is caught in a low-growth equilibrium, but this year's pain was eased by increasing net employment by 1.5% YoY in 1H 2019 and 1.7% YoY in...
370 Views
Singapore - Growing Headwinds
Advance 3Q GDP estimates disappointed on the downside. On the upside the Monetary Authority of Singapore (MAS) did deliver, reducing, in line with...
328 Views
Singapore Is the First Domino to Fall Towards Stagnation (Approaching Recession)
Singapore's real GDP grew 0.1% YoY in 2Q 2019 (according to the advance estimate based mainly on April-May data), the weakest quarterly reading in...
895 Views
Singapore MAS - To Stay On Hold In 2019
We are underweight Singaporean equities. We would expect the MAS to maintain its current exchange rate policy stance through 2019 and would not be...
426 Views