In Praise of a Jewish Elf
1600 Pennsylvania Avenue The Democratic Party is currently trying to choose the candidate that they hope will be able to remove the Occupant of 1600 Pennsylvania Avenue this November. While Bernie Sanders, America’s favourite “socialist” has had a narrow victory in the New Hampshire primaries, the field looks pretty confused...
Wuhan virus: Look on the bright side
So DBS, our biggest bank, has lowered its 2020 GDP growth forecast for Singapore by 28% from 1.4% previously to 0.9% because of a drop of 1m tourist arrivals for every three months Singapore’s travel ban on Chinese passport holders continues. (Related post: S$ tanks as GDP forecasts slashed) Wuhan virus: Why investors are...
Wuhan virus: Why investors are not panicking
Unlike the anti-PAP cybernuts who rushed to hoard rice and instant noodles investors are not panicking Because We estimate that even in a scenario where the rate of new infections did not peak until the second quarter, the negative hit to global economic growth would be about 0.3 percentage points. That means the expansion would...
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