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This is our last issue of the year. Christmas is here, my friends, and it is — more to the point — soon going to be over. That means your least favourite columnist can give up thinking of pithy yuletide nonsense for a few weeks, and return to his typewriter when everyone around me has rid themselves of that special type of holiday excitement that my wife would call childlike, but I, more accurately, would call childish.
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It may be the season to be jolly, but the only people with any reason to smile are so exhausted by deal flow that they cannot spare the energy to power a few facial muscles. The rest of the market should have only one wish for Santa.
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Those of you who have been focusing all your attention on Greek debt buybacks, the Palestinian-Israeli ceasefire, or the usual fun and games in the US Senate, have been missing out. The biggest news of the week concerned a certain rotund, third-generation dictator. Kim Jong-un, it turns out, is sex on legs.
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The Christmas party season has begun. The invitations from banks, law firms, PR agencies and — even worse — family and friends, have started littering the inbox I share with my wife and, alas, she has responded to them all with excited yeses.
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Hong Kong residents may cough, splutter, hock and gag, but the murky miasma and crowded streets make little difference to the happiness of those living here. It’s all about the dough.
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Equity investors, analysts and bankers may have groaned this week when Barack Obama was elected US President for another four years. But Chinese politicians, at least, breathed a sigh of relief.