Market Review and Trends
Market happiness theory
By Bully The Bear  •  September 16, 2009
[caption id="attachment_3414" align="alignright" width="150" caption="Photo by Puss.In.The.Hood"]Photo by Puss.In.The.Hood[/caption] There is a disparity between what I see and what the people in power are saying to us. It seems like we're in the midst of a major recession not seen since the great depression. The major economies are in trouble, banks had collapsed, inflation and worse - stagflation is looming, GDP is contracting, unemployment is rising, wage freeze wage cut...these are headlines of what I read in the newspaper. However, the reality seems to be far from the picture. I see people queuing up for property so as not to miss the opportunity to invest during 'recessionary' times. I see many people buying cars. I see penny stocks occupying the top volume of sgx charts and those ultra pennies are in fashion once again. I see people who are not interested in stocks suddenly becoming interested in it and scolding others for being 'old-fashioned' by putting money in savings accounts. What do I make of this? I don't know. Read more...
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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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