BDO Credit Card Promo: Treats from Red Mango, Happy Lemon, Brownies or Kenny Rogers

Promo Mechanics The promo is open to all active principal and supplementary cardholders of MasterCard, Visa,  UnionPay,  JCB and The American Express Credit Card issued by BDO. BDO Credit Card single transaction of at least P2,500 from February 20 to April 30, 2013 entitles the cardholder to any one of the following free treats: PARTNER […]

How would an attack on Iran affect the stock market?

The chairman of Peilim Investment Portfolio Management Yoram Gabai said it best, “Every war brings the market down for the first few days, what happens afterward depends entirely on whether the war’s end is within sight. The market understands the violence is temporary and corrects itself quickly when the decision on a ceasefire is in […]

American Debt Ceiling Compromise is a dud

Over the weekend, a lot of interesting developments happened pending the debt ceiling deal.  Gold surged to $1635 as the ever reliable safe haven was flocked to once again when the August 2 deadline drew nearer.  The lower house, congress, announced they will soon vote on a proposal, sending Gold back near 1610. But the […]

Philippine Stocks Update Feb 9 Waiting for 3830 to hold

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DMN October 11

PSEi 4,218.79 |down -18.19 | -0.43% Value (K) 4,836,716,268.00 Dow Jones 11,006.48 +57.90 (0.53%) S&P 500 1,165.15 +7.09 (0.61%) Nasdaq 2,401.91 +18.24 (0.77%) An amusing thing happened last Friday. Worse than expected job loss data spelled bad news for the American economy, as any recovery is on pretty weak legs. But markets chose to see […]

DMN May 12

PSEi   3,269.41         UP      6.48 VALUE PHP           26,612,320,215.00 VALUE SANS MER 3.5B Dow     10,748.26    -36.88    (-0.34%) S&P 500 1,155.79    -3.94    (-0.34%) Nasdaq   2,375.31    +0.64    (0.03%) Although Wall Street futures point 1% lower, the whole of trading saw them trade better than that, but still in the red.  They didn’t do as bad as Europe and Asia […]

US Dollar to replace Japanese Yen carry trade

New Deadly Dollar Carry Trade Jim Willie CB of 321gold wrote an interesting article on how the US Dollar is replacing the Japanese Yen as carry trade. A powerful hidden engine existed for close to 20 years called the Yen Carry Trade. The engine produced tainted trillion$ for its priviliged participants, whose access to cheap […]

The value of twenty pesos

Our Philippine currency is fast depreciating. With inflation at double digits the past quarter, brought about by excess liquidity from cheap interest rates that went into global speculation of commodities, what can our twenty Pesos buy now? and recently, what are some items removed from the list of things that 20 pesos can buy? it […]

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