Market Review and Trends
A clip from the past
By Bully The Bear  •  August 12, 2014
Recently I chanced upon this site on NLB that has clips of Straits times in the past. It's very interesting to read about the past. Things were so different then. This was the headlines of the day when I was born. President of the US is Jimmy Carter. There's still USSR back in those days. The local police are hunting a con person who swindled an ex-teacher.
2 years later, in 1980, this was the advertisements found in the papers.
Citibank had an ad for fixed deposits. They are offering about 10% pa for various holding periods. Interestingly, the longer you put your money with them, the lesser the yield. The shorter it is, the higher the rates. I doubt I've seen such an inverted relationship with fixed deposit, but things are such in the past. This was another one offering by Asia Commercial bank. I doubt they are still ......
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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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