Thursday humour. By the power of the Universe, super heroes save the day with their unwavering to do whatever it takes to save the world again and again and again. Log-in required.
Everything looks good from the candlesticks and price point of view until you overlay the Dow Jones Industrial Average (and the Fed’s rhetoric) into the picture.
“I am going to share how I see the financial world and what I believe is really going on behind the headlines. I believe central banks are purposely manipulating certain asset classes with the idea to boost others.”
“I am sceptical this proves to be successful in the long-run (which could be hugely bearish longer-term), but in the short-term I am going to follow the central banks lead and stay bullish on markets where central banks are actively pursuing a higher stock market.”
“Interest rates will rise faster than you imagine.” This was a comment Hu Li Yang made at Shares Investment Conference 2013. I think it is a very good time to ask Hu to follow up when he comes to Singapore to speak at the same conference this year.
A currency war aka competitive devaluation is being fought now between nations. With USDJPY, Abenomics thwarts US Dollar by cheapening Yen.
Hu Li Yang: Stock market is economic-engine; Singapore stock market to boom. Video transcript from Shares Investment Conference in 2012.
The Shares Investment Conference 2013 is back in October with an expected audience turnout of 1,600. I caught up with two members of the team who is bringing us this exciting conference, Mr Christopher Fun Executive Director of Pioneers & Leaders Publishers Pte Ltd and Research Editor Mr Louis Lee.