The STI has gone south after the US Federal Reserves hinted a possible scaling back of the Quantitative Easing (QE). So is it time to buy stocks now with valuation of certain stocks looking more attractive? To answer that question, we must first look at the possible macro-economic outlook. While some investors warn of a stock market crash and suggest that a better market entry will be when the stock market crash, we must first ask ourselves whether such a market crash is possible at least in the near-term? What we must acknowledge are that the US economy is improving which in part causes the US Federal Reserves’ decision to scale back the QE. Hence to me, I feel that a stock market crash is not imminent, what is clear is that when the QE is scaled back, the stock markets will first head south before it heads north. When ......