The PSE's laudable plan to reduce transactions charges incurred by the buying and selling of Philippine stocks took a turn for the worse.  The PSEi was enjoying a 5 year suspension of DST that would have been charged on every buy slip on local equities.  They were just lobbying for the... (more...)

SO WHERE TO NOW? Remember that in technical analysis, one can only identify short term or even longer term turns or reverses in hindsight.  There are safe players who look out for such turns, and there are more risk averse players who forsake all such signals as noise and wait for more clearer "signs"... (more...)

Jim Rogers Hosts Marc Faber to discuss world economy 2005   A must watch conversation between two great mindsWPvideo 1.02Jim Rogers Hosts Marc Faber to discuss world economy 2005 pt 1/5 a must watchDownload hereWPvideo 1.02Jim Rogers Hosts Marc Faber to discuss world economy 2005... (more...)

WPvideo 1.02‘Don’t Panic, Stocks are Safe!’Download hereEconomist Professor Irving Fischer explains that the stock market crashed due to high expectations- not high stock prices. Too many speculators were playing the stocks with borrowed money, resulting in a run on the banks.... (more...)

The Philippines' biggest mall operator and his family have increased their wealth by $1.4 billion despite the global financial turmoil, making them the wealthiest Filipinos this year, Forbes Asia magazine said Thursday. Forbes said 83-year-old Henry Sy and his family are worth $3.1 billion. They... (more...)

It's been a tough year for the richest people in the world. Last year there were 1,125 billionaires. This year there are just 793 people rich enough to make Forbes list. The world has become a wealth wasteland. Like the rest of us, the richest people in the world have endured a financial disaster... (more...)

This year the world's youngest billionaires are a little older–and a lot poorer. The world's youngest tycoons may have sprouted a few gray hairs over the last year. Amid the global recession, the Forbes list of the World's Billionaires is smaller–and poorer–this... (more...)

I've watched the CNBC special, "House of Cards" twice and the conclusion I came to only reinforces what we already know but choose to forget: "capitalism is evil". The show's tagline goes "The economic crisis that has befallen much of the world was born from a credit... (more...)