It has been some time since I posted on this blog. The Singapore stocks market rallied, rising by 1.9% yesterday and today some investors cashed in on their profits. Investors have their eyes on the news from Federal Reserve with an answer many would like to know: when will the Federal Reserve start to scale back their quantitative easing? Other macro events that influence investors’ sentiments are the US economy (which seems not too bad) and the China’s economy (which seems quite modest, judging from the economic figures). Then on the local front, it is the quarterly earnings announcement once again. I am really thinking how many investors in Singapore are really investors? It seems that there are more speculators and traders here as I often see a knee-jerk reaction in the market whenever there is a piece of news emanating from the US, Europe or China or from ......
