31 Aug '11, 11pm

Soft economic data is bullish for stock market

Soft economic data is bullish for stock market or high yielding assets or equivalent! Huh? What kind of rubbish is this? Yesterdays’ factory data and US private employment data came in weak. Coupled with previous weak economic data, the US stock market had risen 7 of the past eight trading session . Huh, again! Weak data capitulated global stocks markets to correction or bear markets territory in the month of August. How could weak data signal a strong stock market? Here is my opinion. Have you heard of QE1 or QE2? As a result, US markets had risen more than 40% and 25% respectively, correct? Who would recommend QE3 or equivalent on the table? Guess it right? What are the criteria for QE3? · Weak economic data, · weak economy, · Global growth concerns, etc. What is the difference between then and now? The difference is QE3 was … Read the full article → Related posts:Asian ...

Full article: http://thefinance.sg/2011/09/01/soft-economic-data-is-bul...

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