ICAP 2013 AGM & Investor Day

Tan Teng Boo seems to think that QE tapering and rising interest rates is inevitable, and this will have consequences to the emerging markets.

With the re-emergence of China and decline of US, it is a dangerous situation where some sort of conflict can easily be triggered (drawing parallel from WW1)

Chinese people need to raise their self esteem. Start from using your own name instead of ang moh name. Especially obvious with overseas Chinese like HK and Malaysia (well, they were under the British. I also think many people do this to reduce transparency. How many salespeople and businessman have you met who doesn't use their full name in public? Bloggers too, haha...)

Western people are paranoid about the rise of China.... observations drawn from various sources.

investment ideas

low PBV and PE China banks - Global X China Financials Fund (CHIX) - Steve Sjuggerud

Russia (RSX)- David Fessler

KO,CVS,MIDD,GILD - Money Morning
Ireland- Money Morning