RUMOURS VS FACTS, SPECULATION VS ANALYSIS
I've heard stories about most major banking and financial Institutions are having special meetings to revise and reformulate monetary policies.
I do agree with these actions as the stock market may rise again PROVIDED the best monetary policies are introduced into the marketplace.
One thing for certain, investors are digesting rumours rather than facts, speculation rather than analysis - people just don't have the patience to wait nowadays. Many have told me that this is going to be short term but that 'short term' are dominating the market with making strange shapes. One news from the US...say unemployment rate, then it would finally affect the whole world.
One thing for certain, there are still investors taking risks waiting for 'the right time to sell' - even minimum gains is good enough but many seem to find strength in weakness (opportunity to buy/profit taking) where efforts to strengthen of holdings in equities are seen. Despite its sluggish performance, surprisingly USD may get better - lowest interest rates offerings, plans of liquidity etc.
Well, as for me, besides than unit trust, I'm also looking into GLC's bonds at the moment. Will be back soon..
No comments:
Post a Comment