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There seems to be an indication from Fed chief that interest rates may be raised within this year, which may cause the market to go lower if it does follow through on that as an increase in Fed's interest rates would lead to an increase in the long-term interest rates (necessary to make the longer-term bonds more attractive), which would lead to a higher return needed on other investments and hence a decrease in their value and prices. Data on China showing the weakest factory activity in more than 6 years doesn't provide a very good outlook as well. Singapore's factory output also doesn't seem all too ... ...It looks like the market may not be over with the fall and I may not have missed the boat (refer to post here) Is there still a chance for the market to fall to a new low?
