Since the start of the year, it has been like a roller coaster ride for STI Index. See above diagram. It was 2883 points from start of year 2016, then the panicky slide to trough at 2532 points (late Jan to Mid Feb) before the recent raging rally above 2900 points.
In a recent interview of Bloomberg with Ray Dalio, he mentioned that it is unlikely that the world economy will go into a recession like what we encountered in 2008-09, but it is likely that the market will be volatile up and down in a low growth global environment for some time.
Busy in work and quiet in stocks
While I am aware of the recent rally, I have hardly any time to pay too much attention on it. In other words, no action in my stock trades. It has been an extremely busy last month for me …