Singapore stocks closed lower today by 0.61%. The STI is at 3,291.08. I read the news commentary that carried interviews with a number of investment analysts. The analysts interviewed opined that the Singapore stock market correction that the stock community is experiencing will only recover soon as this is just a moderation stock correction according to them. Some of the investment analysts said that US will not really scale back its QE (monetary easing programme) due to the outlook of the US economy. Even if the QE is to be scaled back, that will still bode well for stocks as it will mean that the US economy is good enough without the need of a Quantitative Easing, some of these analysts argued. These few analysts said that this is the time to buy in the stock market and according to a popular investment analyst, the STI will still ......
