Category Archives: Business
Get Real On The Economic Recovery And Stock Market Rally
Third quarter earnings season is still ongoing but if you read closely into the numbers, fundamentals have barely improved, which stand at odds to the heady valuations arising from this stock market rally. On the bright side, JP Morgan and Goldman … Continue reading
Don’t Bet On A V-shaped Economy Recovery
Are stock markets heading for a breather? Euphoria surrounding Asian equities have cooled down considerably over the past week, prompted by profit taking amid concerns that stock valuations ramped up too fast and are inconsistent with underlying earnings. More importantly, … Continue reading
Stay Nimble For Your Investment
I did a double take when I saw this news: The inspector general for the $700 billion TARP scheme tallied about 50 initiatives set up by the Bush/Obama administrations and the Federal Reserve and came to the conclusion that “the … Continue reading
More US Bailouts Dampen Market Sentiment
Since the last week of June, the stock market has whipsawed in a tight range. Gone is the hot-headed exuberance but neither has a drastic correction materialize. Some bulls are still holding the fort amid a thin market volume, but … Continue reading
Is This Stock Market Rally For Real?
With each passing week, the case for a bearish reversal out of this stock market rally becomes stronger. For the time being, the bulls triumphed by breaking out of a potentially ugly double top pattern. This raging bullish sentiment pretty … Continue reading
Bolster Your Emergency Fund In A Prolonged Crisis
I hope everyone has an enjoyable May Day. For those who work day in, day out, this is usually a well deserved break. But of late, nobody seems to be keen on taking leave, given the rise in no pay … Continue reading
Filed under Business, Economy, credit cards, saving money
Does Saving Money Rank Highly In your Financial Priorities?
Last week, there was a harsh report from DBS that Singapore may lose 90,000 jobs due to the worst economic recession in recent decades, pushing the jobless rate to 5 per cent by mid-2010. It was further postulated that the economy … Continue reading
Filed under Business, Economy, Stocks, environment
Protectionism Will Cost Investors Dearly
The US government revealed on Friday that payrolls tumbled by 598,000 in January (the biggest one-month drop in 34 years) and the unemployment rate is now at a 16-year high of 7.6%. In a month of brutal layoffs, I guess the … Continue reading
