- Hang Seng closed positive, sharp recovery from deep red in the early morning despite all the bad news running around
- Dow Futures stands at +42 now
- Greece potential bankruptcy has been addressed in a secret meeting over the weekend in Europe. It's good that everyone knows about it and is trying to fix it
- More good earnings from companies around the world
- No change in US Fed Chairmanship
Bear Factor:
- Greece potential bankruptcy may not be stopped
- China-US trade conflict
- Bearish online forumers, bloggers and newspaper articles
- George Soros is betting on double-dip 'W' recovery
- CNY is very near. It's too late for a rally to make money to spend before CNY
- Malaysia's car insurance rate is up
- Worldwide concerted effort to raise interest to combat "phantom" inflation
- Sharp rise of DXY could indicate fear
- US economy is NOT recovering fast enough
The word "phantom" is used to describe the current inflation as the inflation was due to falling USD and not demand.
No comments:
Post a Comment