11-10-2014, 07:46 AM
The mood in the market seems to have darkened a lot this month, beginning with the US jobs report. With the US unemployment rate now down to 5.9% how long can the Fed keep interest levels at emergency lows? Yellen keeps finding excuses to do so, but is she already behind the curve? QE has now tapered almost out in the US; meanwhile Europe is sliding into a black hole, but the Germans have a visceral objection to the ECB doing real QE. Meanwhile geopolitical risks, from ISIS to Ebola, abound. Interesting summary in the Edge:
http://www.theedgesingapore.com/blog-hea...ml?start=1
Good news for Value Investors - market has been very boring this year, and few interesting stocks to pick. What we need is a good bloodbath to throw up a lot of juicy opportunity. I remember the happy hunting days of early 2009 fondly, Fortune Reit below HK$2, Meiban at 12c, Yongnam at 9c, all 3 to 4 baggers later. I have been moving to 30% cash in the last 4 months, so lets hope for interesting times.
http://www.theedgesingapore.com/blog-hea...ml?start=1
Good news for Value Investors - market has been very boring this year, and few interesting stocks to pick. What we need is a good bloodbath to throw up a lot of juicy opportunity. I remember the happy hunting days of early 2009 fondly, Fortune Reit below HK$2, Meiban at 12c, Yongnam at 9c, all 3 to 4 baggers later. I have been moving to 30% cash in the last 4 months, so lets hope for interesting times.