China’s richest man, Mr Wang Jianlin has warned about China’s growing property bubble as property prices in China keep heading north and credit is also piling. Mr Wang Jianlin called it the “biggest bubble in history”.And it is not just about the China’s front, the outcome of US Presidency will definitely shape the world’s stocks markets and economies. Many believe a Trump Presidency will bring about more uncertainties to the world’s economies.
Investors should really factor in the above when it comes to making long-term investments. For me, I will adopt a trading strategy for now unless I am convinced that global economies are strong. As of now, there is a confluence of macro factors in play and in the Singapore stocks markets, I think that there is a level of speculation in some stock counters.
Trading is to make the full use of my hard-earned monies to earn ......