Diet In A Can
20 August 2015
It seems like we've been told again and again that diabetes is a disease of those who are carrying around extra pounds.
Well, toss that one in the recycling bin. While you're at it, toss all your soda cans in there as well -- before you open them.
Because that daily soda is a lot more dangerous than America's favorite doctor -- Dr. Pepper -- would like to admit. And that's true whether you're overweight or not.
A new study in the British Medical Journal found that people who drink just one soda a day were nearly 20 percent more likely to become diabetic, regardless of how they tipped the scales.
This might explain why one in five people with type 2 diabetes are actually at a healthy weight. And they're the ones who are most likely to indulge in that soda without thinking twice.
And it looks like those so-called "healthy" diet drinks are even worse. Go the no-calorie route, and you're a whopping 25 percent more likely to end up with diabetes -- again, no matter what you weigh.
Well, you won't be surprised to hear that a soda trade group responded with the usual nonsense, about how...
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diet, soda
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Governing Dynamics of Price Action
19 August 2015
I have been involved with trading and investing for more than twenty years. Low-risk profits are a function of trading what is real, not what I feel. I’m able to eliminate subjective emotions from my trading by basing each and every decision on a simple mechanical set of objective rules that quantify supply and demand. These simple rules stem from three principles of price movement I crafted for my own trading long ago. These three principles form the foundation upon which my trading and investing is based. While everyone’s trading strategy will always be a bit different, perhaps today’s article will help set you on a path that allows you to focus on what is real and not what you feel…
Principle 1: “Price action in any free market is a function of an ongoing supply and demand relationship within that market”.
Principle 2: “Any and all influences on price are reflected in price.”
Principle 3: “The origin of motion/change in price is an equation where one of two competing forces (demand and supply) becomes zero at a specific price.”
First, understand that there are always two competing forces at work in the market, buyers (demand) and sellers (supply). Our goal...
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demand, snd, supply
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Red Alert - More Transparency Needed Over US$3 Billion Raised By 1MDB!
10 August 2015
9 Aug 2015
One guess for the mystery donor is this Middle Eastern gentleman – the man who eventually claimed he bankrolled son Riza’s Wolf of Wall Street – Al-husseiny was the Chairman of Falcon Bank in 2013 and is still the CEO of Aabar.
Rumours are swirling that the Prime Minister is soon to produce his ‘Middle Eastern Donor’ for the secret US$680 million that went into his private account just before the last election.
Even his Deputy PM and Chair of UMNO had no knowledge of the money, but Najib says it was intended to be spent on the party and its election campaign – that it was “not for personal use”.
With no further details forthcoming on the matter the rest of the world has scant evidence beyond the word of the Prime Minister himself on these matters, which is hardly very satisfactory.
If UMNO was a properly handled sort of organisation, donations to the party would have instead have been recorded and the expenditures itemised.
There is also the small matter of election law, given there are limits on party spending, which have been exceeded several times over by this princely fortune that Najib secretly acquired....
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Malaysia's Najib feels the heat as state-owned 1MDB melts down
27 July 2015
(July 22): In the spring of 2013, Song Dal Sun, head of securities investment at Seoul-based Hanwha Life Insurance, sat down to a presentation by a Goldman Sachs banker. The young Goldman salesman, who had flown in from Hong Kong, made a pitch for bonds to be issued by 1Malaysia Development Bhd., a state-owned company closely tied to Malaysian Prime Minister Najib Razak.
It was enticing. The 10-year, dollar-denominated bonds offered an interest rate of 4.4 percent, about 100 basis points higher than other A-minus-rated bonds were yielding at the time, he recalls. But Song, a veteran of 25 years in finance, sensed something was amiss. With such an attractive yield, 1MDB could easily sell the notes directly to institutional investors through a global offering. Instead, Goldman Sachs was privately selling 1MDB notes worth $3 billion backed by the Malaysian government. “Does it mean ‘explicit guarantee’?” he recalls asking the Goldman salesman, whom he declined to name. “I didn’t get a straight answer,” Song says. “I decided not to buy them.”
The bond sale that Song passed up is part of a scandal that has all but sunk 1MDB, rattled investors, and set back Malaysia’s quest to become...
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Conterversy over 1MDB Issues
27 July 2015
SOMETIME in September 2009, currency traders at Bank Negara Malaysia were jolted by huge purchases of US dollars in the domestic currency market and quickly decided to halt the selling pressure on the local currency. They were promptly told to stand down by their superiors.
The buildup of US dollar positions on that day paved the way for state-owned 1 Malaysia Development Bhd (1MDB) to move US$1 billion out of the country for an investment in a British Virgin Islands entity.
“At the time, no one knew where the money was headed or why such a large amount was being taken out,” said one senior Kuala Lumpur-based currency trader familiar with the episode.
“It was a company we needed to watch, because it came out of nowhere and showed clout,” said another chief dealer at a foreign bank in Kuala Lumpur.
These days, 1MDB isn’t just raising eyebrows. The secretive investment arm of the government is sending shockwaves through international bond markets and raising concern at home with its aggressive borrowings, opaque financial manoeuvres and risky bets. It is also becoming a hot political potato for Prime Minister Datuk Seri Najib Razak’s administration.
Opposition politicians insist that 1MDB is part...
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