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A fair dinkum follow-through

hogan

As expected, sifting through the responses to my challenge to identify the possible points I intended to make in my last blog post was a no-brainer. Only a few stood out as noteworthy, and as usual, I had to rely on, well, primarily myself for an injection of true insight into the matter. Some of [...]

Eyes Wide Open

Current and Forward looking Indicators

This is some weather we’re having, right? Chrysler is expected to go Chapter 11, with the vultures already circling. As anticipated, Daniel Smith got out of jail, and more party lists make it to the show. The IMF recently published Global Prospects and Policies: Of course among other things that IMF posted last week was [...]

China says “We need New International Reserve Currency”

I was reading Calculated Risk, an awesome financial blog! I highly recommend everyone to point your news reader to it, like now. Done? Great. If you clicked on Calculated Risk, it was pointing to this speech by Zhou Xiaochuan, the Chinese Central Bank Governor (link to the People’s Bank of China’s website). The gist of [...]

Something Wicked

Depression isn’t a word used lightly. Something wicked comes our way. Take this bit of a picture from Calculated Risk’s US Trade Exports and Imports Decline: and how about this imagery from Time for a Reality Check:

The Bottom Line On the Road to 2010

All too well, everyday, and everywhere we know that the world is gripped with an economic typhoon. As Intel closes its Philippine operations, and as left and right people are let go, even from profitable companies like IBM, the world hasn’t seen this fierce challenge in decades. As much as it sounds cold and calculating, [...]

Another Financial Tsunamis – It is not really that simple

In the Graduate School, I taught my students in Financial Management and Managerial Accounting that it is a “sin” for corporations to be very liquid. Liquidity is a measure of the ability of the company to meet its short term obligations during the normal operating cycle of the business. I said normal because there are [...]

Turbulence up ahead, fasten your financial seatbelts!

I don’t really know but is it due to my blogging here that some big honcho financial folks invited me for drinks in a tony Makati watering hole last Thursday?  Of course I have known these folks before (some of them I knew from college,three big bankers and one exec in S’pore) but why should they invite a [...]

Where Are We?

pse-and-banks-montage

I am no economist, so this post is a question. It almost seems like you’re listening to a choir. Public,  private, and even foreign financial and economic experts are saying the Philippines will be able “to ride out the” the economic contagion that’s threatening to engulf the world. But will the Philippines really be able [...]