On 18 April, I called a short on DBS at $19.28 on my Pateron page to my big amount of followers (is 0), you can support me at $1/monthly or at $5/monthly with information you can act on before the market opens.

Why I called this short?

As many bank’s loan turns into bad debts; natural expectations of investor will lead to market sell off on banks. Banks such as Wells Fargo, JP Morgan and many.

The natural tendency for Singaporeans’ expectation to be altered would be logical (based on rational expectation), that a global capital market, under “unlimited” stimulus could lead to no real “saving” effect on economy.

Intuition behind it

My simple and summarised reason would be that “stimulus money” can only be introduced through financial intermediaries (banks), and banks holds holds two types of reserves;  required reserves (by law) and excess reserves. Under such situation, where