Market Review and Trends
Recap 2016 & Looking Ahead 2017
By ccloh Strategic Investor Zone  •  January 23, 2017
Global markets were on a roller coaster ride in 2016 starting in really bad shape with market crash shouting all over the places but ending 2016 with a bang (for most markets in particular US).  FTSE STI however was flat for the year despite all the roller coaster ride and great volatility, ending with a dip of 0.068%. Recap Global markets suffered major sell off in January 2016 due to fear that China currency, the renminbi could be devalued further and FTSE STI fell below 2,600 before bottoming in February.  On the road to recovery, ECB provided further support in March when it maintained its low interest rate policy and expanded its QE.  Then came the shocker event in June when British voted for an exit from EU, triggering another global markets sell off thereafter.  However, the sell off was short-lived as markets rebounded strongly until September after investors ......
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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