Market Review and Trends
Expect more volatility given the significantly lower market volumes…
By Kevin Scully-Financial Blog  •  July 13, 2009
...don't forget we have advanced Q2-2009 numbers tomorrow for Singapore Global markets continue to be in a tentative stage as we await validation of the March 2009 rally.  US economic numbers continue to be weak and in some instances weaker than expected.  Last Friday the US Consumer Confidence figure for July came in at 64.6 well below expectations for a figure of 70.   This has added to concerns that the US markets could have run ahead of the economic recovery which while present is likely to be modest and benign, ie a "U" shaped recovery. Read more...
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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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