Disappointment was all over the place though, as Bernanke still didn't go for a stimulus plan... and that many didn't welcome Obama's plan...
I on the other hand, would gladly welcome Obama's plan... the drop in the market was due to overexpectation... nothing else. Who wouldn't want a stimulus in a time like this?
Some say cut spending... Are you crazy?? If you cut you are sure the send the economy into recession...
I've bought up the Singapore Index today for mid-term investment.
Highlights for today:
G-7 meetings
The market is due to react to Obama's speech today. Market sentiment is rather gloomy for today after the disappointment.
Direction for US 9-Sept:
Forecast Accuracy since 6-Sept 2011: 3/3 (100%)
Timing shown below is Singapore Time +8 GMT
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