My thoughts for the coming weeks ahead...
1. Inflation
In economics, you will know that inflation is normal and good for the economy.
2. Oil surge
Oil surge means that the demand is there, industries are powering at full force.
3. Credit Risk
Credit crunch, the whole world is affected by it since July. Market had started adjusting since then.
4. Overvalued Stocks
Stocks are at reasonable PER of 15.
5. Devalued US Dollar
Devalued USD not good for americans, but beneficial to asians.
6. Rowsley (Local news)
The cancellation of the solar deal is a big surprise for the market. Rowsley has been in big rally because of the deal. Still remembered Peter Lim brought Ma during the press conference to impress us that the deal could work out. The net profit reported from the sale of Eagle will not be able to offset the bad news. Now the real danger comes when Peter Lim sells all his stake in Rowsley. He subscribed to the placement at very dirt cheap price. This will be another Centillion in the making. Better avoid.
