Three news caught my attention over the past few weeks. Firstly, there was growing optimism from the trade war after US and China offered concessions to exempt some trades from tariffs. All eyes will be on the outcome of their Oct 19 meeting. Secondly, many global central banks (Source), notably European Central Bank (ECB) this week, had decided to turn on the stimulus taps. The ECB planned to cut interest rates to -0.5%, start printing money again and buy €20M in bonds and other financial assets per month starting in Nov 2019. Looks like there would be an avalanche of liquidity flooding the market.  Lastly, there are market expectations for FED to reduce interest rates further, especially after their meeting next week. While the STI has risen, the volume and price increase was somewhat tamer than expected. It is likely that many investors were still assessing the market...