Serious US Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go Big

euro, swiss and yen will continue to weaken against the dollar as previous euro and yen holders of investment assets and equities transfer their funds to usd denominated safe havens. ecb will have little choice but to amp up their prime rate too. for those holding usd including many tiongs huat ah!
 
eatshitndie said:
euro, swiss and yen will continue to weaken against the dollar as previous euro and yen holders of investment assets and equities transfer their funds to usd denominated safe havens. ecb will have little choice but to amp up their prime rate too. for those holding usd including many tiongs huat ah!
Click to expand...


eu still wanna sanction russia. now russia just turn off gas euro will become 80 cents liao.
 
Without firing a single missile at West Putin oredi caused so much distress to the West.

If he had Tiong manufacturing prowess at his disposal (but not any other characteristic of chinks since there's nothing desirable among them), he would have hooted west long ago.
 
mudhatter said:
Without firing a single missile at West Putin oredi caused so much distress to the West.

If he had Tiong manufacturing prowess at his disposal (but not any other characteristic of chinks since there's nothing desirable among them), he would have hooted west long ago.
Click to expand...


tiong also part of the plan mah. else u think keep locking down shanghai ports for what?
 
Those chow keng no money but insist to buy condo in Yishun, how can they survive ?
 
Nomura is projecting 100bp hike 2 weeks later, other banks said Fed will hike at least 75bp.
Singapore's Fixed-rates home loan will be 3.5% to 4%pa by the end of this year.

Buying a million-dollar HDB instead of million-dollar condo makes some sense now, if the buyer takes up HDB loan at 2.6%pa fixed.
 
eatshitndie said:
euro, swiss and yen will continue to weaken against the dollar as previous euro and yen holders of investment assets and equities transfer their funds to usd denominated safe havens. ecb will have little choice but to amp up their prime rate too. for those holding usd including many tiongs huat ah!
Click to expand...

Japan is in deep trouble. As deep as Sri Lanka.
 
SOS said:
Nomura is projecting 100bp hike 2 weeks later, other banks said Fed will hike at least 75bp.
Singapore's Fixed-rates home loan will be 3.5% to 4%pa by the end of this year.

Buying a million-dollar HDB instead of million-dollar condo makes some sense now, if the buyer takes up HDB loan at 2.6%pa fixed.
Click to expand...

FOMO is never good. Like gold, there is a hard ceiling deck limit to property prices that can only be broken when average salary catches up with price growth. It's stupid to buy now when the room for growth is limited compared to how much one can potentially lose when property crashes.

It'll be fun to see negative equity (property price way below loan valuation). We haven't see this in Singapore yet but there is always a first. Our very own little sub-prime crisis. Then again, Singapore is not like other countries where one can simply walk away from their loan obligations.
 
SOS said:
Nomura is projecting 100bp hike 2 weeks later, other banks said Fed will hike at least 75bp.
Singapore's Fixed-rates home loan will be 3.5% to 4%pa by the end of this year.

Buying a million-dollar HDB instead of million-dollar condo makes some sense now, if the buyer takes up HDB loan at 2.6%pa fixed.
Click to expand...
Bro, many of these buyers are second time buyers and do they get to enjoy cheap hdb loan ? When can I enjoy higher cpf return?
 
How were the borrowing rates back in the day when fixed deposits yielded 5% or 6% annual interest? I was too young to know.
 
SOS said:
Nomura is projecting 100bp hike 2 weeks later, other banks said Fed will hike at least 75bp.
Singapore's Fixed-rates home loan will be 3.5% to 4%pa by the end of this year.

Buying a million-dollar HDB instead of million-dollar condo makes some sense now, if the buyer takes up HDB loan at 2.6%pa fixed.
Click to expand...


actually those that bought million dollar hdb usually get bank loans because hdb hle will not lend out for much for u. even then when FD rates goes beyond cpf rate. cpf rates will go out else people would be questioning cpf.
 
Boliao said:
FOMO is never good. Like gold, there is a hard ceiling deck limit to property prices that can only be broken when average salary catches up with price growth. It's stupid to buy now when the room for growth is limited compared to how much one can potentially lose when property crashes.

It'll be fun to see negative equity (property price way below loan valuation). We haven't see this in Singapore yet but there is always a first. Our very own little sub-prime crisis. Then again, Singapore is not like other countries where one can simply walk away from their loan obligations.
Click to expand...


1998 got many ppl properties are in negative equity. but sinkies are forgetful.
 
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