Saturday 11 October 2008

Houston (or London... or Singapore... or wherever), we have a problem


(charts from Bloomberg)


STII lost 7.3% in a day. 
Tokyo lost 9.6%; 
Sydney, 8.3%; and 
FTSE plunged 8.85%. 
all in one single bloody day!

this is ridiculous. 

but this is not the main problem.

fact is, no one knows when it's ever gonna end. 
that, is the main problem.


anyway, anyone who wants to read more about this mess, please read this week's Economist. or better still, go read Martin Wolf's weekly articles published in F.T..

as for me, i'll just go and laze around and recuperate, since i vomited too much blood over the past week. 

---------


oh, and by the way, there's a new girl in my life.
she's tall... 
exotic looking... 
uses lots of eye shadows...
and she has this interesting dress sense. 
oh, and her name begins with an "A".  *ahem*

maybe i'll post one of her photos tmr. i dunno. 
maybe.

1 comment:

casiewbao said...

great.. show me more of those bloomberg chart..... as if yr frd nt seeing enuff.. hahhaaha btw, dnt forgt thr's consulation fees for G10 related questions hey..... jst accrual or tt to 3M's account...

and now what is "A"
did u seek godson's approval? u noe the nodding? to post a pic, it mst be min investment grade.. and i wonder wht is the CDS of it trading u noe w goldman, citi etc trading pretty wide.....hahahahahaah