27-04-2011, 07:52 PM
2 interesting scenarios:
1) This june 2011, let's see if Bernanke will have QE3. If yes, then interest rates will continue to be low. This bodes well for Hyflux preference shares and bonds. But if Bernanke indicates US will start to "normalise" interest rates, well........
2) Even more frightening is S&P downgrade on US 10 year treasuries. If risk free is no longer risk free, then all "debts" will be re-rated....
I may have to realign my portfolio to include more commodities!
1) This june 2011, let's see if Bernanke will have QE3. If yes, then interest rates will continue to be low. This bodes well for Hyflux preference shares and bonds. But if Bernanke indicates US will start to "normalise" interest rates, well........
2) Even more frightening is S&P downgrade on US 10 year treasuries. If risk free is no longer risk free, then all "debts" will be re-rated....
I may have to realign my portfolio to include more commodities!
Just google singapore man of leisure