Updated news, ten years US government bond yeild raised to 2.25% this Tuesday. South East Asian and South American share markets crashed as JAPAN. Contigence may occur.
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Updated news, ten years US government bond yeild raised to 2.25% this Tuesday. South East Asian and South American share markets crashed as JAPAN. Contigence may occur.
The numbers man said - Contigence may occur
Contingence sounds painful mate - is it catching? is it terminal?
Not sure if he meant contagion or incontinence, but both are probably suitable alternates
I can largely appreciate that not having full retrospective insight is a risk, I also understand and respect the view that a sound risk management approach is to raise a cash position when a bull market cycle is looking statistically long. I guess the contrary risk is that one may become out of the market for too long and suffer a loss of return.
I am a believer that there are usually at least some signs that a bear market may be upon us though.
David Darst of Morgan Stanley is one of the few vocal public economists I've a healthy respect for. At the 2013 SALT conference in Las Vegas he floated a 6 point bear market checklist which may be of interest per link below.
http://www.cnbc.com/id/100720862
Japan down 5.13% since openning, Shanghai down 3.39%, Hong Kong down 3.16%
Phillipine down 4.39% Thailand down 1.32% , Singapore down 1.26%
Asian foreign investments are flowing back to Japan and US.
us ten year government bond yield : http://www.bloomberg.com/quote/USGG10YR:IND
JAPAN ten year government bond yield: http://www.bloomberg.com/quote/GJGB10:IND
1997 Asian Financial Crisis
About to test that 4400 support again.
I was trying to think of something witty to say, but I don't think I can top Moosie's.
Hard to judge where to from here. I pretty much cashed up a few weeks ago, only because the stocks I had were looking a bit bloated with sellers starting to build. I'm a bit lucky in that regard..