Whenever there is a world war, US has emerged stronger economically.
(08-09-2013, 12:04 AM)a74henry Wrote: [ -> ]Whenever there is a world war, US has emerged stronger economically.
Many people believe 3rd WW means the end of the world. Imagine just 2 Generic Atomic Bombs dropped on Hiroshima and Nagasaki in WW2 and the cities and its people still suffer until today.
Today Nuclear Bombs or Neutron Bombs or ???? are how many times more "powderful & destructive"????? And how many countries have them now ????
I rem reading somewhere many yrs back,and i rem til now,someone predicted,WW IV will be fought using stones..shows the destruction ppl predicting in the aftrrmath of ww III
wow STI and reits big rally today, whats the big news???
saw the STI up like 1.4% now, monday blues become monday green ^^
(09-09-2013, 09:44 AM)felixleong Wrote: [ -> ]wow STI and reits big rally today, whats the big news???
saw the STI up like 1.4% now, monday blues become monday green ^^
aiya, bad news is good news again - NFP below estimates and sharp revisions to previous months by 70+k downwards.
I see, thanks a lot man
mr market feeling crazy again
maybe bad news = no tapering of QE, i am really confused man hahaha
Tapering actually means the US economy is strong enough and can allow feds to come back in to control money supply like raising bank reserves that determine how much they can lend out or more restrictive like outright raising interest rates or start to pulling back the wall of money they created.
But pull back wall of money means bad news for markets because logically we assume the money they created had been loaned out cheeply to somebody to get a return either to do business or for investment so that something now will cost more or needs to be unwind or sold to repay the loan.
No tapering means economy still weak feds need to hands off.
Market acting crazy is the reaction to that. If you consider they printing money for 7 years all that money most of it I will say is put into investment around the world. If you unwind it all at once it will crash everything, so they are doing it slowly, the fed is akan datang allow people chance to get out.
Locally I see STI ultimately at around 2620. I see this will mostly be caused by tapering or unwinding alone not so much interest rates.
I still don't understand the market at all....
Much much more to learn.
tapering off is not the same as unwinding, am i rite?
Some people think they have understood the market when they buy the Index of the market. Really?