Archive for the ‘Properties’ Category
Posted by Jeflin on January 1, 2009
I wish all readers of Jeflin’s Investment Blog a Happy New Year in 2009.
The past year has been sobering for taxpayers, retail investors and fund managers, what with severe declines in housing, mortgages, banking, stock markets, commodities, retail, automotive, shipping industry, etc. The extreme volatility in 2008 may be over but more of the same challenges await us.
Personally, I have made a new year’s resolution to be a more careful reader of financial reports, and by that, I mean reading with an inquisitive mind. Of course, if a management wants to get creative with their financial statements and the auditors are in a collusive mood (remember, the person who pays the piper calls the tune), our money is fair game for the predators.
Read the full article here.
Posted in Banking, Business, Economy, Properties, Stocks, bonds, deflation | Tagged: banks, Business, deflation, Economy, gold, Oil, Stocks | Leave a Comment »
Posted by Jeflin on September 24, 2008
Since Monday, the “Paulson Plan” has been thrust into intense debates at Senate hearings as Democrats and Republicans unite in their dislike of this mind-numbing $700 billion bailout of the nation’s
financial system.
I find such actions amusing, if not hypocritical. Read the full article here.
Posted in Banking, Properties, Stocks | Tagged: $700 billion bailout, banks, investment, investors, mortgages, Properties, stock market, Stocks | Leave a Comment »
Posted by Jeflin on September 5, 2008
Before these banks walk into history without so much as a mention, I think we shall do a brief body count for them.
1. Silver State Bank
Nevada regulators shut down Silver State Bank and the bank’s insured deposits will be assumed by Nevada State Bank of Las Vegas.
Andrew McCain, son of Republican presidential nominee John McCain, was previously a member of the bank’s board. Read full article here.
Posted in Banking, Business, Economy, Properties, Stocks | Tagged: bank failures, Banking, Economy, finance, Indymac, Integrity Bank, investing, investment, Lehman Brothers, Silver State bank, Stocks | Leave a Comment »
Posted by Jeflin on September 3, 2008
The US dollar, inspired largely by plunging oil prices and growing pessimism over the economic health of the EU and the U.K, is going gangbusters of late.
It traded at $1.4455 Wednesday, a seven-month high against the euro.
Coupled with the US government’s release of 250,000 barrels of oil… Read the full article here.
Posted in Banking, Business, Economy, Oil, Properties, Stocks | Tagged: banks, Business, commodities, Dollar, Economy, housing market, mortgages, Oil, Properties, speculators, Stocks | Leave a Comment »
Posted by Jeflin on August 31, 2008
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.
Read the full article here.
Posted in Business, Currency, Economy, Properties, Stocks | Tagged: BRIC, Business, Dollar, Economy, emerging nations, euro, greenback, investment, momentum trading, Properties, Stocks, US assets | Leave a Comment »
Posted by Jeflin on August 18, 2008
Posted in Banking, Business, Economy, Properties, Stocks | Tagged: banks, blue-chips, housing mortgage crisis, investment, investors, mortgages, Properties, property developer. Gross Floor Area, real estate, singapore properties outlook | Leave a Comment »
Posted by Jeflin on August 13, 2008
One year into the Aug 2007 subprime crisis, and the financial sector is still reeling from the after-effects.
Billions of dollars were injected into the money markets and interest rates slashed but the deleveraging journey remains arduous.
In fact, investors must prepare for more pain from the looming avalanche of housing mortgage defaults. Read the full article here.
Posted in Banking, Economy, Properties, mortgages | Tagged: Alt-A loans, Charles McKay, deleveraging, foreclosures, herds, investors, mortgage defaults, mortgages, negative equity, prime mortgages, subprime crisis | Leave a Comment »
Posted by Jeflin on July 27, 2008
Our economy is showing some signs of softening. Growth was at its weakest in five years for the second quarter ending in June (1.9% as compared to 6.9% expansion in the first quarter), an indication that Singapore is not immune to high inflation and the global economic slowdown.
Read the full article here.
Posted in Business, Economy, Inflation, Properties, Stocks | Tagged: Economy, en-bloc estates, growth, investors, jobs, manufacturing, Properties, Singapore, Stocks | Leave a Comment »
Posted by Jeflin on July 25, 2008
Have you read about this news where a 53-year-old lady shot herself dead soon after faxing a letter to her mortgage company?
It is very sad for the family to experience such a tragedy but what is the underlying message to the US government?
Read the full article at http://jeflin.net
Posted in Banking, Economy, Properties | Tagged: bailouts, defaults, Economy, Fannie Mae, foreclosures, Freddie Mac, housing, mortgage industry, mortgages, suicide | 2 Comments »
Posted by Jeflin on June 9, 2008
After Wall Street’s deplorable results last Friday, the question for ST Index today is not a matter of battering but how much collateral damage we will be seeing.
An oversold rebound for the Dow Jones is in order here, could be early this week.
Read the full article at http://jeflin.net
Posted in Banking, Economy, Oil, Properties, Stocks | Tagged: American Presidential election, Dow Jones, Hang Seng, investors, Lehman Brothers, Obama, real estate, ST Index, Wall Street | Leave a Comment »
While I still have substantial investments in blue-chips, I am less concerned about their performance than the 