Monday, April 05, 2010

The Times Are Improvin'

Blogging for the first time on my new BB. I may not be able to log into FB but can blog mai hiam buay pai liao.

Just got out of office realizing that I was last to leave! Had to lock up the place :(  You know its a Monday when the office empties before its even dark.

Walked through the Far East Square row of pubs and instantly you get a good indication of how good times are. When even on a Monday evening there're so many people out drinking, then it surely means that things are picking up in the financial industry - normally the leading indicator of sentiment ahead. Heck one year ago the whole row was a ghost town on Monday evenings, only filling up on Fridays. Now its bustling no matter what day it is (ok, maybe except Sundays).

We even have a Dry Bulk Index to call our own. Its the small column of space between NTUC Building and One Raffles Quay where you can see the ships docked along the shores of Singapore. So the bad times were when up to 16 cargo ships and tankers could be counted within that column whereas right now we're looking at an average of only 8 or 9 of them parked there.

Better yet,changing jobs is the new black! Who isn't looking for greener pastures right now (me?)? Headhunters are doing great business once again and everyone is again complaining that they arn't paid enough.

Stock market's been up 6 days in a row. Property prices are setting new records. Even HDBs are shooting at 1mio. COEs prices are pricing everyone out of car ownership.

So you see? The good times are coming back. Of course, this is the financial industry. Meaning if you're not in it, you'd only see the effects between 3 to 6 months from now, depending on where you're at.

Elections must be coming.

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